Direct Line agreed to an improved takeover bid from Aviva AV-2.19%decrease; red down pointing triangle valuing the nonlife insurer at 3.61 billion pounds ($4.61 billion), the companies said. Insurer ...

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 ...

An earlier version of this story said Aviva made its initial offer on Nov. 27. Aviva in fact made its initial offer on Nov. 19 and then announced the offer publicly on Nov. 27 Direct Line has accepted ...

Direct Line's GC will leave the company, just as its £3.7 billion acquisition by Aviva is cleared by the CMA. Angela Yotov. Courtesy photo. Direct Line’s general counsel is exiting the company, after ...

LONDON, Nov 28 (Reuters) - Direct Line (DLGD.L), opens new tab shares soared 41% on Thursday after it rejected a 3.28 billion pound ($4.15 billion) takeover bid from rival Aviva (AV.L), opens new tab, ...

The U.K.’s antitrust regulator gave its green light for insurer and asset manager Aviva to move forward with its takeover of smaller peer Direct Line. The Competition and Markets Authority, which had ...

Top bosses of Direct Line are stepping down in a major leadership reshuffle after overseeing the £3.7 billion sale of the company to insurance giant Aviva, it has been announced. Chief executive Adam ...

WAYNE, PA.--(BUSINESS WIRE)--Guardian Capital Partners (“Guardian”) is pleased to announce the sale of its portfolio company, Direct Line Global (“Direct Line ...

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 ...

Riverbank House, Direct Line. Courtesy Photo. U.K. insurance company Direct Line has appointed its next general counsel, hiring from merchant banking group Close Brothers. Angela Yotov, Close Brothers ...

Direct Line has accepted an improved takeover offer from Aviva that will see the U.K.’s largest insurer fully-acquire its smaller rival for £3.6 billion ($4.6 billion). In a joint statement, the two ...