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.
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Direct Line, which owns brands including Churchill, Green Flag and Privilege, said that it has snubbed a 233p per share offer from Aegas.
Direct Line, which owns brands including Churchill, Green Flag and Privilege, said that it has snubbed a 233p per share offer from Aegas.
Fitch Affirms Intact’s Ratings After RSA Acquisition; RSA Subsidiary Upgraded to ‘AA-‘ June 2, 2021 Fitch Ratings has affirmed the Insurer Financial Strength (IFS) ratings of Intact Financial Corp.’s insurance subsidiaries at ‘AA-‘ (very strong), after its acquisition of RSA Insurance Group. Fitch also upgraded the IFS of RSA’s operating subsidiary, Royal & Sun Alliance Plc, to ‘AA-‘ from ‘A+’. Fitch affirmed Intact’s senior unsecured debt at ‘A-‘; preferred shares at ‘BBB’ and Issuer Default Ratings (IDR) at ‘A’ and RSA ...