shutterstock_249232966
13 March 2024Insurance

Ageas bumps bid for Direct Line, gets rebuff from target & markets

Belgian-French multinational insurer Ageas upped its preliminary takeover bid for UK rival Direct Line, then received a second cold shoulder for an offer still called “uncertain, unattractive and ... opportunistic.” 

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Week Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
21 July 2026   Global casualty rates increase, pulled by 15% gain in loss-stressed US excess casualty.
Insurance
21 July 2026   Fewer sellers and shifting buyer activity reshape acquisition market.
Insurance
21 July 2026   Fund targets AI, energy transition and strategic European infrastructure.