Direct Line up 38% after rejecting Aviva’s £4.1B takeover bid: …

Nov 28, 2024  · Invezz.com - Direct Line (LON: DLGD) Insurance Group’s shares jumped by as much as 38% on Thursday on the back of news that Aviva (LON: AV) has made a £4.1 billion …


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Direct Line Up 38% After Rejecting Aviva’s £4.1B Takeover Bid: …

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Nov 28, 2024  · Invezz.com - Direct Line (LON: DLGD) Insurance Group’s shares jumped by as much as 38% on Thursday on the back of news that Aviva (LON: AV) has made a £4.1 billion …

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Direct Line Investors Seek Higher Bid After Rejecting Aviva's $4.2 ...

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Dec 4, 2024  · Key investors in UK's Direct Line Insurance are holding out for a higher takeover bid from Aviva after the rejection of its 3.28 billion pound ($4.17 billion) offer, the Financial Times …

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Direct Line Rockets After Rejecting £3.3bn Aviva Takeover Bid

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Nov 27, 2024  · Shares in Direct Line Insurance Group PLC (LSE:DLG) rocketed 38% higher to 219p after it rejected a proposed £3.3 billion takeover by Aviva PLC (LSE:AV.)....

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Direct Line Up 38% After Rejecting Aviva’s £4.1B Takeover Bid: …

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Nov 28, 2024  · Direct Line Insurance Group’s shares jumped by as much as 38% on Thursday on the back of news that Aviva. Investing; Stock; Economy; ... Politics; No Result . View All Result …

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Direct Line Shares Soar 41% As It Rejects Aviva's $4.2 Billion …

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Nov 28, 2024  · LONDON (Reuters) -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 …

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Direct Line Up 38% After Rejecting Aviva’s £4.1B Takeover Bid: …

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Nov 28, 2024  · Direct Line up 38% after rejecting Aviva’s £4.1B takeover bid: here’s what analysts think about it

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Direct Line Refuses Aviva's Bid And Shares Jump 42%

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Direct Line's rejection of Aviva's offer propelled insurance stocks, lifting the FTSE indices while Aviva's shares dipped. ... Direct Line Insurance's shares soared 42% after rejecting Aviva's …

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UK’s Direct Line Surges After Rejecting Aviva’s $4.16 Billion Takeover ...

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Nov 28, 2024  · (Reuters) -Shares in UK’s Direct Line Insurance soared over 36% in early trade on Thursday after it rejected a 3.28 billion pound ($4.16 billion) takeover offer from bigger rival …

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Aviva Could Hike Direct Line Bid Or Trigger Bid Battle With Ageas, …

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Nov 28, 2024  · After Aviva PLC's (LSE:AV.) £3.3 billion takeover offer for Direct Line Insurance Group PLC (LSE:DLG) was rejected, another bid is a "distinct possibility", according to analysts.

proactiveinvestors.co.uk

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Direct Line Up 38% After Rejecting Aviva’s £4.1B Takeover Bid: …

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Nov 28, 2024  · Direct Line Insurance Group’s shares jumped by as much as 38% on Thursday on the back of news that Aviva has made a £4.1 billion takeover bid for it that Direct Line has …

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UK Insurers Aviva And Direct Line Agree On Sweetened Takeover Bid

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Dec 6, 2024  · The bid, which values Direct Line at £3.6bn, entails Aviva paying 275p per share. This comes after Direct Line rejected Aviva’s lower offer of 250p last week, stating that it …

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Direct Line Investors Seek Higher Bid After Rejecting Aviva's $4.2 ...

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Dec 4, 2024  · The shareholders have supported the Direct Line board's decision to reject the proposal and not to engage with Aviva in further discussions, according to the FT report. Direct …

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Direct Line Surges After Rejecting Aviva Takeover Offer - Investing.com

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Nov 28, 2024  · Aviva’s offer, announced on November 19 and formally dismissed by Direct Line's board on November 26, represented a 59.7% premium over the share price on the day prior to …

investing.com

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Direct Line Says No To Aviva’s £3.3bn Takeover Bid

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Nov 28, 2024  · The attempt by Aviva (LSE:AV.) to buy Direct Line Insurance Group (LSE:DLG) in a £3.3 billion takeover swoop marks a further acceleration in its ambition to have a 70% capital …

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Direct Line Shareholders Seek Higher Bid Following Rejection Of …

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Dec 4, 2024  · Direct Line investors are seeking a higher bid from Aviva after rejecting its £3.28 billion ($4.17 billion) offer. Key shareholders support the Direct Line board's decision to reject …

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Aviva's Direct Line Takeover Faces 'material' Execution Risks, Says ...

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Dec 11, 2024  · Jefferies has reiterated its 'buy' stance on Aviva after the insurer's £3.6bn takeover pursuit of Direct Line was agreed by the latter's board, but said that the deal brings major …

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Direct Line Investors Seek Higher Bid After Rejecting Aviva's $4.2 ...

1 week from now

Dec 4, 2024  · Key investors in UK's Direct Line Insurance DLG are holding out for a higher takeover bid from Aviva AV. after the rejection of its 3.28 billion pound ($4.17 billion) offer, the …

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Goldman Switches Sides On Aviva’s £3 Billion Direct Line Bid (1)

1 week from now

Nov 29, 2024  · Goldman Sachs Group Inc. has switched sides to advise Aviva Plc on its £3.3 billion ($4.2 billion) takeover bid for Direct Line Insurance Group Plc, only eight months after …

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FAQs about Direct Line up 38% after rejecting Aviva’s £4.1B takeover bid: … Coupon?

How much money did Aviva receive from a rejected direct line offer?

The rejected offer, valued at 250p per share, comprised 112.5p in cash alongside 0.282 new Aviva shares for each Direct Line share. ...

Did direct line reject Aviva's takeover bid?

Direct Line said its board considered Aviva's proposal with its advisers and concluded that it was "highly opportunistic". Direct Line rejected a 239-pence-per-share takeover bid from Belgian rival Ageas in March, which was 4.6% lower than Aviva's offer. Barclays analysts said they thought Ageas could make a further approach. ...

Will Aviva take over direct line insurance?

(Reuters) - Key investors in UK's Direct Line Insurance are holding out for a higher takeover bid from Aviva after the rejection of its 3.28 billion pound ($4.17 billion) offer, the Financial Times reported on Wednesday. ...

How long does Aviva have to make a takeover offer?

Under British takeover rules, Aviva has until Dec. 25 to make a firm offer or walk away. In March, Direct Line also rejected a takeover bid of 239 pence per share from Belgian rival Ageas that was 4.6% lower than Aviva's offer. ($1 = 0.7870 pounds) ...

Will direct line takeover affect Aviva's solvency?

“In addition, we believe that the impact on Aviva’s solvency of any offer for Direct Line is likely to be relatively limited, since the share component of Aviva’s takeover proposal would likely offset the dilution from any potential goodwill,” said analysts at Berenberg in a note. ...

Could Aviva hike direct line bid or trigger bid battle with Ageas?

Aviva could hike Direct Line bid or trigger bid battle with Ageas, say analysts | LSE:AV. LSE:AV. After Aviva PLC's (LSE:AV.) £3.3 billion takeover offer for Direct Line Insurance Group PLC (LSE:DLG) was rejected, another bid is a "distinct possibility", according to analysts. ...

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