Aviva has made a £3.6bn takeover offer for Direct Line, valuing shares at 275p each. This follows Direct Line's rejection of a lower bid of 250p. The new offer includes cash and shares, with a dividend for shareholders. The Direct Line board is confident in the company's future but advises shareholders to accept the bid. The deal may face scrutiny from competition regulators due to the large market share. Teljes cikk (Euronews.com)