FTSE 100 dips after strong week
The FTSE 100 struggled to keep its head above water and closed 13.35 points lower, or 0.17%, at 7,917.57.
Stay updated with breaking news from Direct Line. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The FTSE 100 struggled to keep its head above water and closed 13.35 points lower, or 0.17%, at 7,917.57.
Direct Line had rejected two prior attempts by the Belgian carrier.
Belgian insurer walks away after the rejection of two approaches that were labelled ‘opportunistic’
Ageas said it would not make another offer for the insurer after two snubbed attempts.
By Sruthi Shankar, Pranav Kashyap and Johann M Cherian (Reuters) -UK’s FTSE 100 ended Wednesday higher, clinging on to recent highs after data showed the local economy returned to growth at the start of 2024, while insurance firm Direct Line weighed on the midcap index post rejecting a sweetened take over bid. The exporter-heavy FTSE…