Direct Line insurance could be snapped up by Warren Buffett

Direct Line insurance could be snapped up by Warren Buffett

Edinburgh : United Kingdom | Aug 29, 2010 at 7:12 AM PDT
Source: Guardian Unlimited
Views: Pending
The billionaire investor's Berkshire Hathaway group has reportedly expressed interest in Direct Line after RBS last week launched a beauty parade of investment bankers to handle any deal. RBS favours a flotation of the business but it is thought that heavy losses caused by car accident claims have... FULL ARTICLE AT Guardian Unlimited
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