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 ...

Direct Line's recent operating performance has improved, showing progress in its turnaround program, despite past weak trends and high claims inflation. The company's focus on underwriting ...

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 ...

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, ...

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 ...

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 ...

Riverbank House, Direct Line. Courtesy Photo. U.K. insurance company Direct Line has appointed its next general counsel, hiring from merchant banking group Close Brothers. Angela Yotov, Close Brothers ...