LONDON, Dec 6 (Reuters) - British insurer Aviva (AV.L), opens new tab has agreed to buy smaller rival Direct Line (DLGD.L), opens new tab in a sweetened 3.61 billion pound ($4.60 billion) ...
Direct Line trades at a discount due to weak operating performance and turnaround program execution risk. Recent interest from Ageas in acquisition suggests potential undervaluation, but Direct Line's ...
Aviva and Direct Line Group have agreed a sweetened cash, shares and dividends deal that will see Aviva acquire its rival and capture more than a fifth of the combined UK motor insurance market. The ...
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