The executives at the helm of the U.K insurance company are stepping down as part of a management reshuffle and will be on ...

Winslow and Poole are replaced by Jason Storah and Stephen Pond respectively. Storah and Pond are the current CEO and CFO of Aviva's General Insurance UK&I division. Former chair and current ...

Direct Line described Aviva’s $4.2 billion takeover approach as highly opportunistic and said it substantially undervalued the company. Aviva was offering 112.5 pence in cash and 0.282 new Aviva ...

Aviva, the UK insurance heavyweight, has agreed a £3.6bn takeover deal with Direct Line, after winning over its smaller rival with a sweetened bid.

Direct Line shares opened 6 December at 252.2p, 6.86% above their close price the previous session, and jumped a further 2.22% to 257.8p later in the morning before falling back to around their ...

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 ...

Aviva's acquisition of Direct Line strengthens its U.K. market position, boosts profitability, and ensures dividend growth. Click to read why AVVIY is a Hold.

Leading Direct Line shareholders are holding out for a higher takeover offer from Aviva after the insurer rejected a £3.3bn proposal from its larger rival.. Several key investors in Direct Line ...

Direct Line said it would be 'minded to recommend' the latest approach, which values the group at 275p per share, after rejecting a £3.3bn cash takeover proposal last month Skip to main content News ...