DLG moves to set up vote on commercial sale after regulator approval
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

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

handshake- 3.jpg

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.

This

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Gift this article