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LONDON, Dec 6 (Reuters) - British insurer Aviva (AV.L), opens new tab has agreed to buy smaller rival Direct Line (DLGD.L), opens new tab in a sweetened 3.61 billion pound ($4.60 billion ...

Direct Line has accepted an improved takeover offer from Aviva that will see the U.K.’s largest insurer fully-acquire its smaller rival for £3.6 billion ($4.6 billion). In a joint statement ...

British insurer Direct Line is set to recommend a sweetened 3.61 billion pound ($4.60 billion) cash-and-stock takeover by Aviva, it said on Friday, if its bigger rival makes a formal offer. If the ...

(Bloomberg) -- Aviva Plc reached a preliminary agreement to buy Direct Line Insurance Group Plc for £3.6 billion ($4.6 billion) in a deal that would create the UK’s largest motor insurer.

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Aviva and Direct Line Group have agreed a sweetened cash, shares and dividends deal that will see Aviva acquire its rival and capture more than a fifth of the combined UK motor insurance market.

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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK insurance group Aviva has raised its offer to buy Direct Line in a move that would value its smaller ...

LONDON - British insurer Aviva has agreed to buy smaller rival Direct Line in a sweetened 3.61 billion pound ($4.60 billion) cash-and-stock deal that will create the UK's largest home and motor ...

Direct Line is set to back a sweetened £3.6billion takeover by Aviva valuing it at almost 75 per cent above its previous share price, after the insurance giant’s first offer was rejected.