DLG private equity bids still possible, says analyst
Analysts believe there is still a "good chance" that a private equity bid for Direct Line Group may emerge, despite RBS this morning stating its intention to float.
Panmure Gordon insurance analyst Barrie Cornes said that there is a 50/50 chance that such a bid could still emerge.
DLG said this morning that it will proceed with an initial public offering of
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