A 7% yield and down 6.5%! Ahead of the Direct Line takeover, is …

Aviva shares have struggled to stay above £5, even after news of the intended takeover of a key rival insurer. But given their high yield does it matter? The post A 7% yield and down 6.5%! Ahead ...


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A 7% Yield And Down 6.5%! Ahead Of The Direct Line Takeover, Is …

4 weeks from now

Aviva shares have struggled to stay above £5, even after news of the intended takeover of a key rival insurer. But given their high yield does it matter? The post A 7% yield and down 6.5%! Ahead ...

msn.com

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A 7% Yield And Down 6.5%! Ahead Of The Direct Line Takeover, Is …

4 weeks from now

Dec 16, 2024  · Aviva shares are down from their 29 August 12-month traded high of £5.08.This is despite a 6% rise from 14 November when it released a nine-month and Q3 trading update. …

fool.co.uk

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Can This Takeover News Give Aviva Shares The Boost We’ve Been

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A 7% yield and down 6.5%! Ahead of the Direct Line takeover, is now the time for me to buy more Aviva shares? 7%+ yields! 3 choices to consider for a Stocks and Shares ISA

msn.com

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AV News Today | Why Did Aviva Stock Go Up Today? - MarketBeat

4 weeks from now

Dec 25, 2024  · Aviva agrees £3.7bn takeover of Direct Line - what it means for your insurance policy. December 23, 2024 | mirror.co.uk. UK insurer Aviva to shed up to 2,300 jobs in $4.65 …

marketbeat.com

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A 7% Yield And Down 6.5%! Ahead Of The Direct Line Takeover, Is …

4 weeks from now

Dec 16, 2024  · That involved selling off eight non-core businesses to raise around £7.5bn and re-energising core ones. To these were added strategically valuable acquisitions, including April’s …

grossprofitreports.com

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Direct Line Accepts Enlarged Takeover Offer From Aviva

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Dec 6, 2024  · Aviva’s offer represents a 73.3% premium to Direct Line’s closing share price on November 27, when Aviva first approached the group with a takeover proposal. Direct Line …

proactiveinvestors.co.uk

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Direct Line Agrees £3.7bn Aviva Takeover Ahead Of Christmas …

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Dec 23, 2024  · It has now accepted an offer whereby Direct Line investors will receive 0.2867 new Aviva shares, 129.7 pence in cash and a dividend of up to 5p per share for every Direct …

thisismoney.co.uk

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Direct Line Says No To Aviva’s £3.3bn Takeover Bid

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Nov 28, 2024  · The attempt by Aviva (LSE:AV.) to buy Direct Line Insurance Group (LSE:DLG) in a £3.3 billion takeover swoop marks a further acceleration in its ambition to have a 70% capital …

ii.co.uk

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Direct Line Accepts Enlarged Takeover Offer From Aviva

4 weeks from now

Dec 6, 2024  · Aviva’s offer represents a 73.3% premium to Direct Line’s closing share price on November 27, when Aviva first approached the group with a takeover proposal. Direct Line …

proactiveinvestors.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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Aviva Agrees £3.75 Billion Takeover Of Direct Line

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Dec 23, 2024  · Aviva has agreed a £3.75 billion takeover of insurance rival Direct Line following intensive talks over the weekend and ahead of a Christmas Day deadline. The offer values …

dailybusinessgroup.co.uk

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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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Aviva's Direct Line Takeover Faces 'material' Execution Risks, Says ...

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Dec 11, 2024  · Jefferies has reiterated its 'buy' stance on Aviva after the insurer's £3.6bn takeover pursuit of Direct Line was ... 20,488.65 16:29 27/12/24 ... Direct Line's strategy since its IPO of …

sharecast.com

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Direct Line Rejects £3.3bn Takeover Proposal From Aviva, Shares Surge

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Nov 27, 2024  · On 13 March, the insurer said it had received and rejected a second takeover approach received on 9 March, at 120p a share in cash and one new Ageas share for every …

sharecast.com

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Direct Line Shares Surge As Insurer Rejects Aviva's £3.3bn Takeover

4 weeks from now

Nov 28, 2024  · Shares in Direct Line soared over 36 per cent early on Thursday after it rejected a £3.28billion takeover offer from larger rival Aviva, claiming it 'substantially undervalued' the …

thisismoney.co.uk

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Aviva's Direct Line Takeover Triggers Warning Over 2,300 Jobs At Risk

4 weeks from now

Dec 24, 2024  · 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 …

thisismoney.co.uk

FAQs about A 7% yield and down 6.5%! Ahead of the Direct Line takeover, is … Coupon?

Will direct line's board consider a takeover of Aviva?

The stock is still trading below the proposed offer price of 250p per share from Aviva. According to takeover rules, Aviva has until 25 December to make a firm offer or walk away. Jefferies analysts said that they believed that a higher bid might be forthcoming if Direct Line's board considers engaging with Aviva. ...

Why did direct line reject Aviva's takeover offer?

The Direct Line board did reject Aviva’s earlier approach, calling it “ highly opportunistic “. It clearly wasn’t going down without a fight if it didn’t see enough cash on the table. So this final offer at least avoided a drawn-out hostile takeover battle. Aviva completed a £300m buyback of its own shares in June 2024. ...

Will direct line takeover a 'takeover battle' between now and Christmas?

But the offer was rejected by the Direct Line board – setting the scene for a takeover battle between now and Christmas. The proposal from Blanc and her team offered Direct Line investors 112.5p in cash and 0.282 Aviva shares for each share they hold in Direct Line. ...

Does direct line have a takeover offer?

"Direct Line is no stranger to takeover offers, having rejected multiple attempts from Belgian insurer Ageas earlier in the year. ...

Why did direct line surge?

Direct Line surged on Thursday after it rejected a £3.3bn takeover proposal from Aviva. In a press release after the close on Wednesday, the insurer said Aviva had offered 112.5p per share in cash and 0.282 new Aviva share, valuing the group at 250p per share. ...

Will direct line shareholders vote on a 275p deal?

The details are subject to board and shareholder approval. But the announcement says the Direct Line board intends “ to recommend unanimously that Direct Line shareholders vote ” to accept. Aviva reckons the deal values Direct Line shares at 275p, 10% above the market price as I write. And it’s a 73% premium to the closing price on 27 November. ...

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