Aviva’s lifted offer would see it pay a 73.3% premium on its stock price on Nov. 27, immediately before the insurer announced news of the initial offer it made on Nov. 19. Direct Line Insurance ...

Aviva will pay 275p for every Direct Line share, split equally between cash and newly issued stock. This represents a 73 per cent premium to Direct Line’s undisturbed share price, and is more than ...