Aviva Plc’s plan to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($5.09 billion) to create the UK’s largest motor insurer has been given the nod from the country’s competition ...
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 ...
Expects operating profit to improve in 2024 Insurer posts half-year operating loss Shares up almost 15% after Intact Financial deal Sept 7 (Reuters) - Shares of Britain's Direct Line (DLGD.L), opens ...
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 ...
Plans to deliver 50 mln stg in cost-savings through layoffs Loses 71,000 own-brand motor customers in quarter Shares reverse course from early gains of 1.2% Nov 11 (Reuters) - Direct Line Insurance ...
Direct Line Insurance Group DLG0.93%increase; green up pointing triangle said it rejected the 3.28 billion pounds ($4.16 billion) takeover approach from insurer and asset manager Aviva as it ...
Direct Line Insurance Group Plc’s first-half profit fell short of estimates as analysts had expected a faster turnaround. The UK’s second-largest auto insurer posted an operating profit of £63.7 ...
Aviva’s acquisition of smaller insurance peer Direct Line has been approved by the competitions watchdog, paving the way for the formation of Britain’s biggest home and motor insurer. The £3.7bn ...
Motor insurance giant Direct Line Insurance Group surged on Wednesday as rival Ageas announced a cash-and-stock proposal to buy the FTSE 250 firm. At 204.8p per share, Direct Line’s share price was ...
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 ...
Direct Line DLG has reported gross written premiums of GBP 2.7 billion for the first nine months, a more than 20% rise on the same period in 2022 as the business incorporates 725,000 customers from ...
The chief executive and chief financial officer of Direct Line are to step down when its £3.7bn sale to Aviva is complete, it has been announced. CEO Adam Winslow and CFO Jane Poole will leave their ...