Sky News: Ageas's Opposition to a Takeover of Direct Line

Sky News: Ageas's Opposition to a Takeover of Direct Line

Sky News

Sky News has learnt that a top 10 investor in Ageas is canvassing the views of fellow shareholders. Investor, who declined to be named, believed the approach was 'aggressive, unsolicited and opportunistic' The emergence of its position comes just a day after Direct Line said it had rejected a 'highly conditional" cash-and-stock proposal worth 237p-a-share, or about £3.2bn.

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