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 ...
(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 ...
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, ...
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