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Direct Line CEO and CFO to Step Down Amid Aviva’s Acquisition Process

Direct Line Insurance Group said Chief Executive Adam Winslow and Chief Financial Officer Jane Poole are set to step down as part of a management reshuffle following its agreed merger with Aviva. The ...
Nasdaq

Direct Line Insurance Confirms Its Rejection Of Aviva's Proposal - Quick Facts

(RTTNews) - Direct Line Insurance Group plc (DLG.L) confirmed that on 19 November 2024 it received an unsolicited, indicative and conditional cash and share proposal from Aviva to acquire the entire ...
Morningstar

Direct Line: Review by FCA a Big Negative; We Lower Fair Value Estimate; Shares Remain Undervalued

After Direct Line announced the appointment of new CEO Adam Winslow a few days ago, it revealed on Sept. 1 that the Financial Conduct Authority is undertaking a review of its past business. This news ...
Wall Street Journal

Direct Line Rejects $4.2 Billion Aviva Bid

Direct Line Insurance Group DLG0.93%increase; green up pointing triangle said it rejected the 3.28 billion pounds ($4.16 billion) takeover approach from insurer and asset manager Aviva as it ...
Morningstar

Direct Line's Competitive Position Is Steadying After Changing Conditions and Operational Headwinds

Direct Line was founded in 1985 by Peter Wood and Martin Long as a personal lines insurance company that operated with a model of direct-only sales. In the early days, the business became synonymous ...
Seeking Alpha

Direct Line: There Is Better Value Elsewhere

Direct Line is an U.K. insurance company, with a business profile heavily geared to the motor segment. In 2022, its operating performance was quite bad as the company suffered from higher inflation, ...