Direct Line Share News (DLG)

Direct Line reinstates dividend, announces new cost-savings plan

(Sharecast News) - Direct Line posted a widening of its full-year losses on Thursday as it announced a new £100m cost-savings plan and declared a 4p a share dividend.

LONDON BRIEFING: Stocks called up thanks to New York rally

(Alliance News) - Stocks in London are to open higher on Thursday, after a global equity market rally following the latest interest rate call from the US Federal Reserve.

Sunday newspaper round-up: Nationwide, Direct Line, Rolls-Royce

(Sharecast News) - Nationwide's bid to create the UK's second-largest savings and loans group by taking over Virgin Money may be derailed if its members get a say on whether the deal goes through or not. It would take just 500 Nationwide members depositing £50 each one to convene a special meeting and ask for a vote on the deal. Furthermore, preparations for a vote would keep Nationwide from meeting the 4 April deadline for making a binding offer under Takeover Panel rules. However, the society says that its existing legal advice is that no vote is required. - Financial Mail on Sunday

PRESS: Direct Line suitor Ageas heads to China for Fosun backing

(Alliance News) - Direct Line Insurance Group PLC suitor Ageas SA has looked to win support of its own largest shareholder, China's Fosun, in its bid to acquire the FTSE 250-listed insurer, the Sunday Times reported.

PRESS: Top shareholder in Ageas criticises Direct Line approach - Sky

(Alliance News) - Ageas SA, the Belgian insurer pursuing a takeover of Direct Line Insurance Group PLC, its London-listed rival, is facing opposition from one of its own leading shareholders to a potential deal, according to Sky News.

UK earnings, trading statements calendar - next 7 days

Ageas facing opposition from top shareholder over Direct Line pursuit - report

(Sharecast News) - Belgian insurer Ageas is reportedly facing opposition from one of its leading shareholders to a potential takeover of London-listed rival Direct Line.

REPEAT: LONDON MARKET CLOSE: FTSE 100 in green as UK economy rebounds

(Correcting error in article lede.)

LONDON MARKET CLOSE: FTSE 100 in green as UK economy rebounds

(Alliance News) - can you change lede to: European stocks closed mostly higher on Wednesday, with the FTSE 100 driven higher by hopes that the UK recession is already over.

London close: Stocks mixed as UK economy returns to growth

(Sharecast News) - London markets finished with a mixed performance on Wednesday, following a surge on Tuesday, with investors buoyed by news of the UK economy's return to growth in January.

LONDON MARKET MIDDAY: Rising pound keeps lid on FTSE 100 but peers up

(Alliance News) - London's FTSE 100 tread water heading into Wednesday afternoon, though peers in Frankfurt and Paris traded more confidently following some well-received updates from the likes of electric utility E.ON and banking firm BNP Paribas.

UPDATE: Ageas seeks Direct Line backing after "compelling" new bid

(Alliance News) - Ageas SA on Wednesday described its fresh bid approach for Direct Line Insurance Group PLC as "compelling".

TOP NEWS: Direct Line dismisses fresh approach from Belgium's Ageas

(Alliance News) - Direct Line Insurance Group PLC on Wednesday said it had rejected a modestly improved new takeover approach from Belgian insurance group Ageas SA.

Direct Line rejects second takeover approach from Ageas, shares tumble

(Sharecast News) - Direct Line tumbled on Wednesday after saying it had received and rejected a second takeover approach from Belgian rival Ageas as it continues to undervalue the group.

Sunday newspaper round-up: EasyJet, Direct Line, Cairo

(Sharecast News) - EasyJet founder Sir Stelios Haji.Ioannou has called time on his long-running feud with the "scoundrels" running the carrier. Haji-Ioannou has admitted that his war with easyJet boss Johan Lundgren was motivated by his fear that it would not get through Covid-19. His latest remarks come as the company is preparing to re-enter the ranks of the FTSE 100. They also come after attempts by easyJet to fill the gap in the market left by the collapse of Monarch and Thomas Cook, with Lundgren and chairman Stephen Hester having tried to shift focus towards selling holidays instead of just flights. - The Sunday Times