Ageas eyes Direct Line in bid for European non-life, quickly rebuffed

Belgian-French multinational insurer Ageas submitted a preliminary takeover bid for the whole of UK rival Direct Line back in mid-January with an eye to “significant” synergies available for the combined groups on the UK market, then got a quick cold shoulder in return.

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Ageas eyes Direct Line in bid for European non-life, quickly rebuffed

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