Aviva formalized the terms of its takeover offer for Direct Line, which values the non-life insurer at around 3.7 billion pounds ($4.65 billion). Insurer and asset manager Aviva won over its smaller ...
As investments go, Direct Line has been a mixed bag. The shares initially fell more than 50% shortly after I'd bought them, and then rebounded by about 100% following a recent takeover offer 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 ...
Aviva and Direct Line Group have agreed a sweetened cash, shares and dividends deal that will see Aviva acquire its rival and capture more than a fifth of the combined UK motor insurance market. The ...
Direct Line has returned to profit but failed to match analyst expectations after losing almost half a million motor insurance customers. The insurer posted a pre-tax profit of £61.6m for the six ...
Insurance company Direct Line Group is using a standalone insurtech business in the public cloud to enable it to continuously test and adapt ways of serving customers. The new business, known as ...
March 8 (Reuters) - Direct Line (DLGD.L), opens new tab posted a fall in full-year profit on Monday as weather-related costs weighed on its home insurance business, overshadowing a boost to its motor ...
LONDON, Jan 11 (Reuters) - Shares in Direct Line (DLGD.L), opens new tab lost more than a quarter of their value on Wednesday after the British motor and home insurer unexpectedly scrapped its 2022 ...
SIOUX FALLS, SD (KELO) — A faith-based non-profit in Sioux Falls hopes people feeling overwhelmed by the approaching holidays will reach out for help. We reported on the Direct Line Prayer Center in ...
In a notice to the London Stock Exchange, Direct Line (DIISY) stated: The Board of Direct Line Group notes the recent announcement made by Aviva (AVVIY) plc regarding a possible offer for the Company ...
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