Aviva Plc agreed to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($4.65 billion) in a deal that would create the UK’s largest motor insurer. Each Direct Line shareholder will be ...

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 GBP3.3 billion ($4.2 billion) bid from ...

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 ...

British insurer Aviva on Thursday set itself new financial targets including nearly doubling cost savings from its combination with Direct Line, as CEO Amanda Blanc looks to convince investors the ...

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 ...

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 ...

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 ...

When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. Aviva and Direct Line Group have agreed a sweetened cash, shares and dividends deal that will see ...

March 13 (Reuters) - Britain's Direct Line (DLGD.L), opens new tab said on Wednesday it had rejected a revised 3.17 billion pound ($4.06 billion) takeover bid from Belgian rival Ageas (AGES.BR), opens ...

LONDON - Aviva plc (LSE:AV.) announced Monday that the Prudential Regulation Authority (PRA) has approved its request to revoke Direct Line’s Solvency II partial internal model for its UK Insurance ...