(RTTNews) - Direct Line Insurance Group plc (DLG.L) Friday announced that it has reached preliminary agreement on the financial terms to be acquired by general insurance company Aviva plc (AV, AV.L) ...

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.

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Jefferies analyst Philip Kett maintained a Hold rating on Direct Line Insurance (DLG – Research Report) today and set a price target of p275.00. The company’s shares closed yesterday at p275.00.

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 ...

All in all Direct Line has reported quite a disappointing set of numbers for the first quarter of 2023 as the business continues to remain under pressure. While the company has reported a 19% rise in ...

Direct Line was founded in 1985 by Peter Wood and Martin Long as a personal lines insurance company that operated with a model of direct-only sales. In the early days, the business became synonymous ...

Ageas said it will halt its pursuit of UK insurer Direct Line Insurance Group Plc after two takeover proposals were rejected this year. The Belgian insurer had put forth an offer valuing Direct Line ...

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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 ...

Dec 18 (Reuters) - Britain's competition regulator said on Wednesday that Direct Line (DLGD.L), opens new tab breached an order by erroneously adding a 'No Claims ...