2,000 jobs set to be lost in Aviva’s £3.7bn takeover of Direct Line
4 days ago · Under the deal, Aviva will pay 129.7p in cash, and 0.2867 of its own shares for each Direct Line share. Direct Line shareholders will also receive a dividend of up to 5p per share …
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2,000 Jobs Set To Be Lost In Aviva’s £3.7bn Takeover Of Direct Line
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4 days ago · Under the deal, Aviva will pay 129.7p in cash, and 0.2867 of its own shares for each Direct Line share. Direct Line shareholders will also receive a dividend of up to 5p per share …
ft.com
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Aviva's Direct Line Takeover Triggers Warning Over 2,300 Jobs At Risk
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3 days ago · Insurance giant Aviva has agreed a takeover of Direct Line in a £3.7bn deal that puts around 2,300 jobs at risk. The offer was thrashed out over the weekend to beat a Christmas …
thisismoney.co.uk
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Direct Line Agrees £3.7bn Aviva Takeover Ahead Of Christmas …
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4 days ago · Warning over 2,300 jobs at risk and that customers must be protected from more insurance price hikes as Aviva seals the deal on £3.7bn Direct Line takeover Union seeks …
thisismoney.co.uk
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Thousands Of Jobs At Risk As Aviva Strikes £3.7bn Deal To Buy Direct …
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4 days ago · Up to 2,300 jobs are at risk after Aviva agreed to buy rival Direct Line in a £3.7bn deal. The two insurance giants on Monday said they had reached an agreement to merge and …
telegraph.co.uk
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Up To 2,300 Jobs At Risk As Aviva Purchases Direct Line
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4 days ago · Up to 2,300 jobs will be put at risk in the wake of Aviva’s purchase of Direct Line, with the companies saying they will cut up to 7% of their combined employee base. Aviva, the …
personneltoday.com
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Aviva Seals £3.75m Direct Line Deal, But Jobs At Risk In Cost-cutting ...
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4 days ago · The offer values each Direct Line Share at 275p a premium of 73.3% to the closing Price of 158.7p on November 27. Under the terms of the deal, shareholders will receive …
sharecast.com
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UK Insurer Aviva To Shed Up To 2,300 Jobs In $4.65 Billion Direct …
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4 days ago · The deal, which was first announced earlier this month, will see Direct Line shareholders receive 0.2867 new Aviva shares, 129.7 pence in cash and up to 5 pence in the …
yahoo.com
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Bid Battle Brewing For Direct Line After Insurer Rejects £3.3bn Offer
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Nov 28, 2024 · Warning over 2,300 jobs at risk and that customers must be protected from more insurance price hikes as Aviva seals the deal on £3.7bn Direct Line takeover Union seeks …
thisismoney.co.uk
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Aviva And Direct Line Agree £3.7bn Insurance Tie-up - Yahoo Finance
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4 days ago · 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 …
yahoo.com
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Aviva Agrees To Buy Direct Line For £3.7bn - Sky News
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4 days ago · Aviva has agreed a deal to buy rival company Direct Line for £3.7bn ahead of a Christmas Day deadline. The insurance firm announced the agreement with its smaller …
sky.com
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Aviva Makes Firm $4.7 Billion Offer For Direct Line - WSJ
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Aviva formalized the terms of its takeover offer for Direct Line, which values the non-life insurer at around 3.7 billion pounds ($4.65 billion). Insurer and asset manager Aviva won over its ...
wsj.com
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Hundreds Of Jobs At Risk From Aviva’s £3.6bn Takeover Of Direct Line
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Dec 13, 2024 · Hundreds of jobs are at risk from Aviva’s proposed £3.6bn takeover of Direct Line, as the insurance giants rush to combine ahead of a crunch Christmas deadline.. The merger …
telegraph.co.uk
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Aviva Agrees £3.7bn Takeover Of Direct Line - What It Means For …
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4 days ago · Insurance giant Aviva has confirmed a £3.7bn takeover of competitor Direct Line, after an initial £3.3bn bid was rejected in November. The FTSE 100 company managed to …
mirror.co.uk
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Aviva Outlines Job Cut Plans As Part Of Direct Line Takeover
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3 days ago · Aviva has laid out plans to cut between 5%-7% of the combined company’s workforce over a three year period following completion of its £3.7bn merger with Direct Line …
postonline.co.uk
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2,000 Jobs To Go As Aviva Seals Deal For Direct Line
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3 days ago · 2,000 jobs to go as Aviva seals deal for Direct Line 2024-12-24 - By Jessica Clark INSURANCE giant Aviva has agreed a takeover of Direct Line in a £3.7bn deal that puts …
pressreader.com
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Aviva Seals £3.75m Deal To Snare Direct Line | Financial News
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4 days ago · (Sharecast News) - Aviva said it had struck a deal to buy troubled insurance rival Direct Line for £3.75bn after intensive talks over the weekend and ahead of a Christmas Day …
lse.co.uk
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Direct Line Deal 'Christmas Come Early' For Investors But Not Staff
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4 days ago · Around 2,000 job cuts from the combined workforce are projected as Aviva moves to wring about £125 million of annual pre-tax cost savings from the deal, which was announced …
heraldscotland.com
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Aviva Pushes To Seal Direct Line Deal Before Christmas
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4 days ago · Warning over 2,300 jobs at risk and that customers must be protected from more insurance price hikes as Aviva seals the deal on £3.7bn Direct Line takeover Union seeks …
thisismoney.co.uk
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Aviva Agrees To Buy Direct Line For £3.7bn - Health & Protection
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4 days ago · Aviva has reached an agreement to acquire Direct Line Group for £3.7bn the two companies announced today, but around 2,000 jobs may go. Direct Line shares have been …
healthcareandprotection.com
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Aviva Seals £3.6bn Deal To Buy Direct Line - Bbntimes.com
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The saga began when Aviva approached Direct Line with an initial offer valued at £3.3 billion, or 250 pence per share, combining both cash and shares. The bid, announced in late November …
bbntimes.com
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Takeover Battle Erupts As Aviva Makes £3.3bn Bid For Direct Line:
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Nov 27, 2024 · Aviva has launched an audacious £3.3billion bid to buy troubled rival Direct Line. The FTSE 100 insurance giant, led by Amanda Blanc, revealed last night that it tabled an offer …
thisismoney.co.uk
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