(Bloomberg) — 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 it’s rebuffed this ...

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 independent company. In a stock exchange announcement this morning, Direct Line ...

Direct Line has been one of the biggest names in car insurance since it launched in 1985 as the first insurance provider to offer policies exclusively by phone. It's part of Direct Line Group, along ...

The City loves a deal. Consumers, not so much. For them, a tie-up between insurance giants Aviva and Direct Line, at a time when car insurance prices are at historic highs, is a far from enticing ...

Direct Line has rejected a £3.3bn takeover offer from FTSE 100 insurer Aviva, the second suitor it has rejected so far this year. In a stock exchange announcement, Aviva confirmed that it had ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shares in Direct Line surged 37 per cent on Thursday after the UK motor insurer rejected a takeover bid from ...

Insurance giant Aviva has confirmed a £3.7bn takeover of competitor Direct Line, after an initial £3.3bn bid was rejected in November. The FTSE 100 company managed to agree deal following intense ...

Direct Line Group has introduced three new Direct Line branded motor insurance products on price comparison website (PCW) Compare the Market. Covering a range of cover options from ‘essential’ to ...

British insurer says offer last month from Ageas was ‘highly opportunistic’, after shares surge on talk of bid Direct Line has rejected a £3.1bn takeover offer from a Belgian rival, saying the ...

Direct Line Group has revealed plans to axe around 550 jobs in the hopes of saving £50million next year. Direct Line Group said: “In motor, trading conditions have been challenging although we ...

Insurer Direct Line has seen shares soar after being thrust into the takeover spotlight once again following a £3.3 billion approach from rival Aviva. The firm saw its stock surge more than 39% in ...