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 ...

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Aviva Plc’s plan to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($5.09 billion) to create the UK’s largest motor insurer has been given the nod from the country’s competition ...

Among the key news on UK stocks, Direct Line Insurance Group PLC’s (GB:DLG) gained over 3% on Wednesday after it announced a strategy shift by listing its flagship brand, Direct Line, on price ...

(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 ...

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 ...

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 ...