Direct Line Group News – Page 2
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NewsDLG announces new appointments to executive committee after Aviva deal
Their input ’will be invaluable as we continue our business transformation and supporting our people through a period of change’, says chief executive
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NewsAviva reveals job cuts plan after agreeing to buy DLG for £3.7bn
Aviva aims to save £125m annually in pre-tax costs within three years of the deal being completed
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NewsInsurance Times Review of the Year – Q4 2024
Insurance Times looks at highlights from Q4 2024 in its review of the year
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NewsInsurance Times Review of the Year – Q2 2024
Insurance Times looks at highlights from Q2 2024 in its review of the year
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NewsDLG directors unhappy with insurer’s share price before accepting Aviva deal
DLG’s share price was trading ’close to a 12-month low prior to Aviva’s initial approach’, says statement
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NewsMan jailed after £100,000 crash for cash plot involving Aston Martin
’Cases like this demonstrate the greed of insurance fraudsters and the measures they will take for financial gain,’ says detective
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NewsWinslow responds as DLG officially agrees £3.7bn sale to Aviva
Winslow left Aviva to join DLG as its chief executive in March 2024
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NewsAviva to buy DLG for £3.7bn as takeover officially agreed
The two firms have reached an agreement on the terms of a cash and share offer
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NewsDLG-owned Direct Line goes live on Compare the Market
Chief executive says the insurer is ’delivering a key pillar of its corporate strategy’
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NewsRegulator reveals DLG breached rules over insurance add-on
Over 300 customers were affected, says watchdog
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NewsDLG defeats siblings who tried to fraudulently claim over £450,000
’We are committed to ensuring those who attempt to make fraudulent claims against us are dealt with by the relevant authorities,’ says head
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NewsThis week’s biggest M&A stories
Insurance Times rounds up the biggest M&A news stories from 9 to 13 December 2024
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NewsAviva boss Blanc eyeing up more takeover targets after DLG deal
Aviva and DLG have reached a preliminary agreement on the financial terms for a potential acquisition
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NewsAviva ‘keen to wrap up DLG takeover quickly’
According to British takeover rules, Aviva has until 25 December 2024 to make a firm offer or walk away
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NewsDLG founder responds to Aviva takeover agreement as market implications revealed
Founder calls potential £3.6bn takeover of DLG a ‘done deal’
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NewsThis week’s biggest M&A stories
Insurance Times rounds up the biggest M&A news stories from 2 December to 6 December
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NewsAviva/DLG takeover: The story so far…
Below is the story of events that led to Aviva being successful in reaching a preliminary agreement with DLG over a potential acquisition
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NewsCMA and market share claims made after DLG accepts Aviva takeover proposal
’There will be concerns over the fact that the new DLG/Aviva proposed entity would have a potentially dominant market share,’ says director
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NewsAviva explains how it plans to purchase DLG after takeover bid accepted
The two firms reached a preliminary agreement on the financial terms for a potential acquisition
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NewsDLG accepts £3.6bn takeover offer from Aviva
Aviva has been successful in reaching a preliminary agreement with DLG over a potential acquisition after raising its offer
