Aviva's potential acquisition of Direct Line could enhance shareholder returns, with a 15% EPS accretion expected two years post-deal. Aviva's Q3 results exceeded expectations on a standalone basis, ...
Aviva's acquisition of Direct Line for $4.6 billion will significantly boost its market position in the U.K. personal lines, especially motor insurance. The deal is expected to generate £125 million ...
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Aviva and Direct Line agree £3.7bn insurance tie-up
Aviva has agreed a deal to buy rival insurer Direct Line in a £3.7 billion swoop. The FTSE 100 insurer is set to purchase its smaller competitor after a £3.3 billion was bid turned down in November.
In a notice to the London Stock Exchange, Aviva plc (AVVIY) stated: “In response to press speculation, Aviva announces that on 19 November 2024, it submitted a non-binding proposal to the Board of ...
In a notice to the London Stock Exchange, Direct Line (DIISY) stated: The Board of Direct Line Group notes the recent announcement made by Aviva (AVVIY) plc regarding a possible offer for the Company ...
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Direct Line agrees £3.7bn Aviva takeover
Direct Line’s board has agreed to accept Aviva’s £3.7bn takeover of the insurer, bringing to an end the firm’s run as an independent company. In a stock exchange announcement this morning, Direct Line ...
This was CNBC's live blog covering European markets. European markets closed just above the flatline on Monday as a shortened trading week began in the run-up to Christmas. The pan-European Stoxx 600 ...
Direct Line and Aviva are pleased to announce that, following delivery of the Court Order to the Registrar of Companies on 1 July 2025, the scheme of arrangement has now become Effective in accordance ...
Direct Line's shares increased by over 40% on Thursday on hopes its main rival Aviva might submit another higher takeover bid following its decision to reject a GBP3.3 billion ($4.2 billion) bid from ...
Aviva shares have vastly outperformed the FTSE 100 since January, making them a fantastic investment this year. But can the ...
LONDON - Aviva plc (LON:AV.) announced Wednesday it has completed its acquisition of Direct Line (LON:DLGD) Insurance Group plc and provided key updates to holders of Direct Line’s subordinated notes.
Direct Line and Aviva have reached an agreement on an acquisition (image credit: Aviva)) Insurance business Direct Line has reached an agreement on a proposed £3.6bn acquisition by Aviva. The terms of ...
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