Britain's competition watchdog cleared Aviva's 3.7-billion-pound ($5.08 billion) takeover of smaller rival Direct Line on ...

The UK’s Competition and Markets Authority (CMA) has approved Aviva’s £3.7bn ($5bn) acquisition of Direct Line, concluding ...

Direct Line Insurance Group Plc shares surged as much as 39% after the insurer rejected a £3.3 billion ($4.2 billion) takeover bid from Aviva Plc, the second suitor ... The Direct Line logo displayed ...

Direct Line Group has revealed plans to axe around 550 roles as it looks to cut costs amid a turnaround at the insurer. A spokesman said: “In motor, trading conditions have been challenging ...

Direct Line shares soared 41% on Thursday after it rejected a 3.28 billion pound ($4.15 billion) takeover bid from rival Aviva , as analysts expect a bidding war over the British motor and home ...

Aviva has contacted shareholders in Direct Line in a move that could pave the way for a hostile takeover bid for its smaller rival. The FTSE 100 insurer began to approach its target’s ...

Aviva is the largest general insurance player in the UK; accounting for 9.7% of GWP in 2023 as per GlobalData’s UK Top 25 General Insurance Competitor Analytics.

Direct Line will launch some of its car insurance products 'in due course' and these will be new products that have been specifically designed for price comparison websites.

Direct Line said it would be 'minded to recommend' the latest approach, which values the group at 275p per share, after rejecting a £3.3bn cash takeover proposal last month.

Direct Line DLG 0.00 % increase; green up pointing triangle agreed to an improved takeover bid from Aviva AV-0.19 % decrease; red down pointing triangle valuing the nonlife insurer at 3.61 billion ...

One of the UK's biggest insurers could get even bigger as Direct Line looks set to accept a sweetened £3.61bn takeover bid from Aviva. It's not the first time Aviva has tried to buy Direct Line ...

Aviva's £3.7 billion acquisition of competitor Direct Line is on track to be finalised next month, following what the insurer has described as "constructive" discussions with the Competition and ...