Direct Line rejects £3.1bn takeover approach from Belgium's Ageas
Direct Line confirmed on Wednesday that it had rejected a £3.1bn takeover approach from Belgium’s Ageas, as it significantly undervalued the group.
Source: sharecast.com
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Now foreign bidders target Direct Line: Insurance giant rejects £3bn offer from Belgian rival
Direct Line, which owns brands including Churchill, Green Flag and Privilege, said that it has snubbed a 233p per share offer from Aegas.
Source: dailymail.co.uk
Belgian insurance rival eyes Direct Line
Ageas makes a £3.1 billion bid approach, which the British car insurer dismissed as “uncertain” and “unattractive”
Source: thetimes.co.uk
Big Interview: Rachel Lam, ombudsman director, FOS
Rachel Lam, ombudsman director for insurance at the Financial Ombudsman Service, speaks exclusively to Insurance Post’s Editor Emma Ann Hughes about her work
Source: postonline.co.uk
ABI outlines plan to slash motor insurance premiums
The Association of British Insurers has unveiled steps the industry will take to bring down motor insurance premiums after the cost of cover soared by 25% in
Source: postonline.co.uk