Direct Line Insurance Group Plc shares surged as much as 39% after the insurer rejected a £3.3 billion ($4.2 billion) ...

Leading Direct Line shareholders are holding out for a higher takeover offer from Aviva after the insurer rejected a £3.3bn proposal from its larger rival.

Shares in Direct Line jumped by more than 40% today on the news it has rejected a £3.25bn ($4.12bn) potential takeover bid ...

A battle is brewing within Direct Line over whether to accept any further takeover bids from Aviva, as its CEO begs for more ...

Direct Line topped gains on the FTSE 250 mid-cap index, while Aviva's shares fell around 3 per cent to be the top percentage ...

Direct Line shares have smashed through the ceiling on news of a takeover bid from another UK insurance giant. Our writer ...

Direct Line rejected Aviva's £3.3billion bid, whereby shareholders would receive £1.12p a share in cash and 0.28 of a new ...

British insurer Direct Line Insurance has rejected a takeover offer of £3.28 billion from bigger rival Aviva, saying it ...

Direct Line Insurance Group shares rose after the company said it rejected a 3.28 billion-pound ($4.16 billion) takeover proposal from British nonlife insurer Aviva, its second approach in eight ...

Aviva is contacting Direct Line’s shareholders in an attempt to convince them to back a takeover bid, after the motor insurance giant’s board rebuffed an £3.3bn approach. The FTSE 100 insurer ...

The company, which has embarked on a turnaround strategy, rejected Aviva's non-binding offer on value grounds but its larger rival, and other players, could yet come forward with a sweetened deal ...