(Bloomberg) -- Direct Line Insurance Group Plc shares surged as much as 39% after the insurer rejected a £3.3 billion ($4.2 billion) takeover bid from Aviva Plc, the second suitor it’s rebuffed this ...
LONDON, July 18 (Reuters) - British car insurer Direct Line DLGD.L> on Monday lowered its profitability outlook for the year and delayed the second leg of a share buyback, blaming inflation in claims ...
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, ...