Seeking Alpha

Direct Line: There Is Better Value Elsewhere

Direct Line is an U.K. insurance company, with a business profile heavily geared to the motor segment. In 2022, its operating performance was quite bad as the company suffered from higher inflation, ...
Morningstar

Direct Line Earnings: Higher Prices and Lower Policy Sales; Shares Undervalued

Direct Line DLG has reported gross written premiums of GBP 2.7 billion for the first nine months, a more than 20% rise on the same period in 2022 as the business incorporates 725,000 customers from ...
Seeking Alpha

Direct Line: Despite Discounted Valuation, Risk-Reward Profile Is Not Attractive Enough

Direct Line trades at a discount due to weak operating performance and turnaround program execution risk. Recent interest from Ageas in acquisition suggests potential undervaluation, but Direct Line's ...
Bloomberg L.P.

Aviva Agrees to Buy UK Insurer Direct Line for £3.7 Billion

Aviva Plc agreed to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($4.65 billion) in a deal that would create the UK’s largest motor insurer. Each Direct Line shareholder will be ...
Bloomberg L.P.

Aviva’s £3.7 Billion Direct Line Deal Faces UK Merger Review

Aviva Plc faces a review by the UK’s merger watchdog of its plan to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($4.9 billion) in a deal that would create the UK’s largest motor ...
Nasdaq

Guardian Capital Partners Exits Portfolio Company, Direct Line Global, to CBRE Group, Inc.

WAYNE, PA.--(BUSINESS WIRE)-- Guardian Capital Partners (“Guardian”) is pleased to announce the sale of its portfolio company, Direct Line Global (“Direct Line ...
Nasdaq

Direct Line says Board ‘unanimously rejected’ Aviva’s ‘opportunistic’ offer

In a notice to the London Stock Exchange, Direct Line (DIISY) stated: The Board of Direct Line Group notes the recent announcement made by Aviva (AVVIY) plc regarding a possible offer for the Company ...