British insurance powerhouse Aviva has intensified its pursuit of Direct Line, raising its takeover offer to £3.4 billion in a strategic move that could reshape the UK insurance landscape. The
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Direct Line’s chief executive Adam Winslow has launched a spirited defence of the troubled insurer’s independence, urging shareholders to support his nascent turnaround strategy in the face of a £3.3
The insurance sector witnessed a seismic shift today as Aviva launched a £3.3 billion takeover bid for rival Direct Line, sending shockwaves through the financial markets and sparking speculation of
The UK market witnessed an extraordinary surge in takeover activity on Thursday, with Macquarie launching a fresh £701 million bid for waste management group Renewi, marking the third approach for
British motor insurance provider Direct Line has firmly rejected a £3.3 billion takeover approach from industry heavyweight Aviva, describing the offer as “highly opportunistic” and significantly undervaluing the organisation’s worth.
