After Direct Line announced the appointment of new CEO Adam Winslow a few days ago, it revealed on Sept. 1 that the Financial Conduct Authority is undertaking a review of its past business. This news ...

Direct Line has said it plans to back a takeover move by rival insurance firm Aviva. The firms said they have reached an initial agreement over a cash-and-shares deal valuing Direct Line at £3.61 ...

Following the story of a potential acquisition of Direct Line, Aviva has officially announced a cash and share offer that consists of 0.2867 new Aviva shares, GBX 129.7 in cash per Direct Line share, ...

Aviva and Direct Line Group have agreed a sweetened cash, shares and dividends deal that will see Aviva acquire its rival and capture more than a fifth of the combined UK motor insurance market. The ...

Aviva's acquisition of Direct Line for $4.6 billion will significantly boost its market position in the U.K. personal lines, especially motor insurance. The deal is expected to generate £125 million ...

You’re probably familiar with Direct Line offerings for general insurance, such as car and home. But this large UK insurer, established in 1985, provides business insurance too. Its business ...

As investments go, Direct Line has been a mixed bag. The shares initially fell more than 50% shortly after I'd bought them, and then rebounded by about 100% following a recent takeover offer from ...

Britain’s economy ground to a halt in the third quarter of the year, figures showed today. The downward revision came on the day that CBI warned chancellor Rachel Reeves the UK economy is “headed for ...