DLG moves to set up vote on commercial sale after regulator approval
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DLG moves to set up vote on commercial sale after regulator approval

Abbie Day
04 October 2023
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Direct Line Insurance Group (DLG) is moving to set up a date for shareholders to vote on the proposed £550mn ($667mn) sale of its brokered commercial insurance business after receiving regulatory approval to proceed.

The firm announced the deal to sell the commercial unit to Canadian carrier Intact Financial, and its subsidiary RSA, earlier this year.

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News Regulation M&A RSA
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Abbie Day
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