Direct Line rejects ‘highly opportunistic’ £3.28bn takeover bid from Aviva
Reinsurance News - Nov 28, 2024
Direct Line has unanimously rejected Aviva’s £3.28 billion ($4.16 billion) 100% acquisition proposal, stating that it does not adequately reflect the firm’s standalone value, describing the offer as “highly opportunistic” and not in line with its long-term potential. In a rec...
Recommended Articles
Posted: Dec 24, 2024
According to a recent Swiss Re study, the Waymo Driver is safer than both the general driving popula...
Posted: Dec 24, 2024
Equisoft, a global provider of digital business solutions for the insurance and wealth industries, h...
Posted: Dec 24, 2024
The insurance industry is still reaping the rewards of higher investment yields, although the effect...