The chief executive of Direct Line Group has received a huge pay day ahead of its £3.7bn takeover by Aviva. Adam Winslow took home a pay packet of more than £7.8m for the insurance giant’s latest ...

Direct Line is an U.K. insurance company, with a business profile heavily geared to the motor segment. In 2022, its operating performance was quite bad as the company suffered from higher inflation, ...

(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) ...

Direct Line’s board has agreed to accept Aviva’s £3.7bn takeover of the insurer, bringing to an end the firm’s run as an ...

When I invested in Direct Line in 2022, I thought it looked like an attractive turnaround and I still think I was right. This investment was a bumpy ride to nowhere, and it’s one of the main reasons ...

After Direct Line DLG announced the appointment of new CEO Adam Winslow a few days ago, it revealed on Sept. 1 that the Financial Conduct Authority is undertaking a review of its past business. This ...

LONDON, Dec 6 (Reuters) - British insurer Aviva (AV.L), opens new tab has agreed to buy smaller rival Direct Line (DLGD.L), opens new tab in a sweetened 3.61 billion pound ($4.60 billion) ...

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 ...

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 ...

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 ...

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 ...