M&A

Direct Line shares spike as board agrees to higher Aviva offer

By Frank Prenesti

Date: Friday 06 Dec 2024

(Sharecast News) - Shares in Direct Line spiked on Friday after the UK insurer said it was ready to accept an increased offer from rival Aviva of 275p a share, valuing the company at £3.6bn.
Direct Line last week rejected a 250p cash and share offer. Shares in the company were...

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