Insurer Aviva considering possible takeover of Direct Line, Bloomberg News reports

Ageas SA/NV

27/11/2024 17:53

Nov 27 (Reuters) - British Insurer Aviva  AV.L  is
exploring options for a possible takeover of rival Direct Line
Insurance  DLGD.L , Bloomberg News reported on Wednesday, citing
people familiar with the matter.
    Direct Line has been focused on turning around its
cost-burdened business after rebuffing a takeover attempt from
Belgian rival Ageas  AGES.BR  in March.

 (Reporting by Raechel Thankam Job; Editing by Devika Syamnath)
 ((RaechelThankam.Job@thomsonreuters.com;))