Aviva attempts ‘opportunistic’ take-over of Direct Line
Direct Line’s board confirmed this evening (27 November) that they have rejected a £3.3bn takeover bid from Aviva - the second suitor they have turned down so far this year.
Aviva approached Direct Line with an “unsolicited, indicative and conditional cash and share proposal” last Tuesday (19 November).
Just before 7pm tonight (27 November) Direct Line’s board stated they
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