Ageas failed to acquire Direct Line Group for £3.2bn.

Synopsis

Ageas, an international insurance group that offers retail and business customers life and non-life insurance products, failed to acquire Direct Line Group, a British insurance company, for £3.2bn. On March 22, 2024, the acquisition offer was withdrawn.

Principals

target

Direct Line Insurance Group

bidder

Ageas Insurance International

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15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.