December 23, 2024

Direct Line shares soar as it rejects UK rival’s £3.3bn takeover offer

 Direct Line shares soar as it rejects UK rival’s £3.3bn takeover offer

Direct Line shares soar as it rejects UK rival’s £3.3bn takeover offer

Direct Line, the UK insurer, has seen its share price surge by more than a third after it rejected a takeover offer from larger rival Aviva.