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Ageas would need to offer 270p to 300p a share for Direct Line, says Jefferies

By Michele Maatouk

Date: Thursday 29 Feb 2024

(Sharecast News) - Belgium's Ageas would need to make an offer of 270p to 300p a share for UK insurer Direct Line for it to be more likely to be accepted, Jefferies said in a note on Thursday.
Direct Line confirmed on Wednesday that it had rejected a £3.1bn takeover approach...

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