Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Aviva has contacted shareholders in Direct Line in a move that could pave the way for a hostile takeover bid ...

LONDON, Nov 28 (Reuters) - Direct Line (DLGD.L), opens new tab shares soared 41% on Thursday after it rejected a 3.28 billion pound ($4.15 billion) takeover bid from rival Aviva (AV.L), opens new tab, ...

Dec 5 (Reuters) - Insurance company Aviva (AV.L), opens new tab has sweetened its bid for UK's Direct Line (DLGD.L), opens new tab to about 3.4 billion pounds ($4.33 billion), or 261 pence per share, ...

Aviva Plc has increased its offer for Direct Line Insurance Group Plc to about £3.4 billion ($4.4 billion), days after its initial proposal to buy the UK motor insurer was rejected, people with ...

Direct Line Insurance Group DLG0.93%increase; green up pointing triangle said it rejected the 3.28 billion pounds ($4.16 billion) takeover approach from insurer and asset manager Aviva as it ...

Direct Line's shares increased by over 40% on Thursday on hopes its main rival Aviva might submit another higher takeover bid following its decision to reject a GBP3.3 billion ($4.2 billion) bid from ...

The pan-European Stoxx 600 index ended up 0.45%, having slightly pulling back from earlier gains. Banking stocks led the pack, up 0.98%, while household goods were a rare outlier, down 0.67%. Remy ...

Direct Line agreed to an improved takeover bid from Aviva AV0.72%increase; green up pointing triangle valuing the nonlife insurer at 3.61 billion pounds ($4.61 billion), the companies said. Insurer ...

Aviva has agreed a deal to buy rival insurer Direct Line in a £3.7 billion swoop. The FTSE 100 insurer is set to purchase its smaller competitor after a £3.3 billion was bid turned down in November.

This is CNBC's live blog covering European markets. European markets closed higher Thursday, rallying after a day in the doldrums during the previous session. The pan-European Stoxx 600 index ended up ...

Direct Line’s shares increased by over 40% on Thursday on hopes its main rival Aviva might submit another higher takeover bid following its decision to reject a £3.3 billion ($4.2 billion) bid from ...