Direct Line said to have received and rejected Ageas takeover approach, reveals Bloomberg

Arch rivals at Bloomberg have pulled their socks up a bit and are digging out a few decent scoops again.

According to Bloomie hacks Jan-Henrick Foerster and Pamela Barbaglia, ailing FTSE 250-listed insurer Direct Line received a takeover approach from Belgian insurer Ageas.

However, the approach was rejected, according to Bloomie. Below is a link to the Bloomberg scoop:..

Register

Register for free to see rest of this article and all public articles from Betaville

Login / Register
Date: Wednesday, 28 February 2024, 12:25 pm

[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].

Login to join the conversation