Slaughter and May advises Direct Line Group on its successful takeover defence

Slaughter and May advised Direct Line Insurance Group plc (“Direct Line Group”) on its successful defence against a possible offer by Ageas SA/NV (“Ageas”). In its preliminary results on 21 March 2024, Direct Line Group set out its new strategy under the leadership of new CEO, Adam Winslow. On 22 March 2024, Ageas announced that it did not intend to make an offer for Direct Line Group.

Slaughter and May worked closely with Direct Line Group’s in-house Group legal team led by Humphrey Tomlinson, General Counsel, and Company Secretariat team led by Roger Clifton, Company Secretary.

Corporate
Roland Turnill Senior Partner
Robert Innes Partner
Richard Hilton Partner
Jessica Harries Associate
Serena Bessant Associate
Elizabeth Obonna Associate
Kudrat Agrawal Associate

Robbie Hardless / Trainee, Natasha Neale / Trainee

Financial Regulatory
Nick Bonsall Partner
Pensions, Employment and Incentives
Phil Linnard Partner
Ian Brown Senior Counsel
Competition
William Turtle Partner