Insurer Direct Line Rejects £3B Linklaters-Backed Ageas Bid

By Najiyya Budaly · February 29, 2024, 10:51 AM GMT

British insurer Direct Line has rejected a £3.1 billion ($3.9 billion) offer from Ageas, a Belgian-French rival, finding that it was "uncertain, unattractive, and that it significantly undervalued" the group....

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