Ageas mulls £3.1bn bid for Direct Line

Ageas Eastleigh

Ageas has confirmed that it is in the “preliminary stages” of considering a £3.1bn bid for Direct Line.

The Belgian insurer has said it is mulling a cash plus shares deal that would give each Direct Line share an implied value of 233 pence – a 43% premium on the closing price of Direct Line shares on

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