Ageas SA/NV announces no offer will be made for Direct Line Insurance Group plc [Yahoo! Finance]
DIRECT LINE UNSP/ADR (DIISY)
NASDAQ:AMEX Investor Relations:
directlinegroup.com/investors.aspx
Company Research
Source: Yahoo! Finance
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART), DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION. THIS IS AN ANNOUNCEMENT FALLING UNDER RULE 2.8 OF THE UK CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE"). THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION. FOR IMMEDIATE RELEASE Ageas SA/NV announces no offer will be made for Direct Line Insurance Group plc Ageas SA/NV (“Ageas”) announces that, following the two recent attempts to engage with the Board of Directors of Direct Line Insurance Group plc (“Direct Line”) in relation to the acquisition by Ageas of the entire issued and to be issued share capital of Direct Line, which were both rejected, it will not make an offer for Direct Line. As a result of this announcement, Ageas (and any persons acting in concert with it) will, except with the consent of the UK Panel on Takeovers and Mergers (the "Panel"
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