Dec 5 (Reuters) - Insurance company Aviva (AV.L), opens new tab has sweetened its bid for UK's Direct Line (DLGD.L), opens new tab to about 3.4 billion pounds ($4.33 billion), or 261 pence per share, ...
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, ...
Aviva Plc has increased its offer for Direct Line Insurance Group Plc to about £3.4 billion ($4.4 billion), days after its initial proposal to buy the UK motor insurer was rejected, people with ...
This is CNBC's live blog covering European markets. European markets closed higher Thursday, rallying after a day in the doldrums during the previous session. The pan-European Stoxx 600 index ended up ...
Direct Line Insurance Group said it rejected the 3.28 billion pounds ($4.16 billion) takeover approach from insurer and asset manager Aviva as it substantially undervalued the company. Describing the ...
Direct Line’s shares increased by over 40% on Thursday on hopes its main rival Aviva might submit another higher takeover bid following its decision to reject a £3.3 billion ($4.2 billion) bid from ...
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Aviva and Direct Line agree £3.7bn insurance tie-up
Aviva has agreed a deal to buy rival insurer Direct Line in a £3.7 billion swoop. The FTSE 100 insurer is set to purchase its smaller competitor after a £3.3 billion was bid turned down in November.
The pan-European Stoxx 600 index ended up 0.45%, having slightly pulling back from earlier gains. Banking stocks led the pack, up 0.98%, while household goods were a rare outlier, down 0.67%. Remy ...
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