Ageas has a “high motivation” to up DLG takeover bid: analysts

Published: Thu 21 Mar 2024

Ageas remains highly motivated to acquire Direct Line Group (DLG) despite an earlier £3.1bn ($3.9bn) bid being rejected, according to KBW, with analysts predicting the Belgian group may look to “sweeten the offer” with a deal valuing the UK insurer at up to 279 pence a share.