OFT decision hit DLG float pricing, say analysts
The referral of the motor market to the Competition Commission has had a direct impact on Direct Line Group's pricing estimations as the company continues plans to float up to 33% of total share capital.
The insurer said that it will set the price range for the shares, due to go into conditional dealings on 11 October, at between 160p and 195p per share, equating to a median market capitalisation of
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