Remove ads

Introducing the LemonFools Personal Finance Calculators

Direct Line Group offer - LGEN General Insurance ?

Practical discussions about equity High-Yield Portfolios (HYP) for income
Forum rules
Tight HYP discussions only please - OT please discuss in strategies
monabri
Lemon Quarter
Posts: 2641
Joined: January 7th, 2017, 9:56 am
Has thanked: 270 times
Been thanked: 647 times

Direct Line Group offer - LGEN General Insurance ?

#192443

Postby monabri » January 10th, 2019, 3:43 pm

I wonder if this is going ahead - any news ?

"Direct Line Insurance Group PLC is plotting an offer for Legal & General Group PLC's general insurance business, Sky News said Wednesday.
The division was put up for sale several weeks ago, Sky News added, and a bid would cost Direct Line approximately GBP400 million."

https://www.londonstockexchange.com/exc ... 74400.html

idpickering
Lemon Quarter
Posts: 4168
Joined: November 4th, 2016, 5:04 pm
Has thanked: 591 times
Been thanked: 1282 times

Re: Direct Line Group offer - LGEN General Insurance ?

#192451

Postby idpickering » January 10th, 2019, 4:07 pm

monabri wrote:I wonder if this is going ahead - any news ?

"Direct Line Insurance Group PLC is plotting an offer for Legal & General Group PLC's general insurance business, Sky News said Wednesday.
The division was put up for sale several weeks ago, Sky News added, and a bid would cost Direct Line approximately GBP400 million."

https://www.londonstockexchange.com/exchange/news/alliance-news/detail/1545288985200674400.html


Thanks for bringing this to our attention. I don’t mind admitting that I missed this. I hold both shares.

Ian.


Return to “High Yield Portfolios (HYP) - Practical”

Who is online

Users browsing this forum: No registered users and 19 guests