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Direct Line has revealed that it rejected a raised takeover offer from Belgian insurer Ageas earlier this month, calling it "uncertain, unattractive" and "highly opportunistic".
London's FTSE 100 tread water heading into Wednesday afternoon, though peers in Frankfurt and Paris traded more confidently following some well-received updates from the likes of electric utility E.ON...
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Direct Line has rejected a second takeover approach from Belgium’s Ageas, with a spokesperson for the provider known it's red telephone on wheels mascot
After years of losses and rising costs, insurers like Direct Line finally seem to be on a path to recovery after hiking premiums.