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(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) ...
LONDON -- A popular way to dig out reasonably priced stocks with robust growth potential is through the "Growth At A Reasonable Price," or GARP, strategy. This theory uses the price-to-earnings to ...
Direct Line was founded in 1985 by Peter Wood and Martin Long as a personal lines insurance company that operated with a model of direct-only sales. In the early days the business became synonymous ...
An investigation into Aviva’s £3.7 billion takeover swoop for insurance rival Direct Line has been launched by Britain’s competition watchdog. The Competition and Markets Authority (CMA) said it had ...
(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 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 ...
Update 1:25pm: Adds Direct Line rejecting Aviva bid. Aviva submitted a non-binding offer for Direct Line (OTCPK:DIISF) for £3.3B, or about 250 pence per share, according to a statement on Wednesday, ...
Aviva Plc agreed to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($4.65 billion) in a deal that would create the UK’s largest motor insurer. Each Direct Line shareholder will be ...
Direct Line Insurance Group DLG0.93%increase; green up pointing triangle said it rejected the 3.28 billion pounds ($4.16 billion) takeover approach from insurer and asset manager Aviva as it ...
(Reuters) - Direct Line Insurance Group, Britain's largest motor insurer, on Tuesday reported a bigger than expected rise in motor insurance prices for the third quarter, helping to boost its sales.