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Page 9 - Penny James News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Direct Line Rejects Ageas £3 1 Billion Takeover Bid, Sources Say

Ageas said it is considering a possible offer for Direct Line Insurance Group Plc, outlining a bid for the UK insurer that would be at a premium of 42.8%

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Direct Line shares jump following Ageas offer to buy U K insurer at 43% premium

Shares in the British insurer rallied on Wednesday following a tough few years for the stock in the wake of plunging profits

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Direct Line Insurance rejects opportunistic Ageas bid

Direct Line Insurance Group PLC on Wednesday rejected a bid approach from Belgian insurer Ageas SA, calling it unattractive and uncertain. The Bromley, England-based motor and home insurer said it.

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Now foreign bidders target Direct Line: Insurance giant rejects £3bn offer from Belgian rival

Direct Line, which owns brands including Churchill, Green Flag and Privilege, said that it has snubbed a 233p per share offer from Aegas.

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Belgian insurance rival eyes Direct Line

Ageas makes a £3.1 billion bid approach, which the British car insurer dismissed as “uncertain” and “unattractive”

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