UK insurer Aviva to shed up to 2,300 jobs in $4.65 billion Direct …

UK Insurer Aviva To Shed Up To 2,300 Jobs In $4.65 Billion Direct …

6 days from now

1 day 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 …

reuters.com

Aviva Agrees To Buy UK Insurer Direct Line For £3.7 Billion

6 days from now

1 day ago  · Aviva’s proposed £125 million cost savings from its Direct Line acquisition is just 14% of the UK auto insurer’s 2023 costs and looks modest as the deal faces a variety of execution …

bnnbloomberg.ca

UK Insurer Aviva To Buy Direct Line In $4.65 Billion Deal

6 days from now

1 day ago  · British insurer Aviva has reached an agreement to buy smaller rival Direct Line in a 3.7 billion pound ($4.65 billion) cash-and-stock deal, the companies said on Monday, creating …

yahoo.com

Aviva Reaches Preliminary Deal With Direct Line On Takeover

6 days from now

Dec 5, 2024  · Aviva Plc reached a preliminary agreement to buy Direct Line Insurance Group Plc for £3.6 billion ($4.6 billion) in a deal that would create the UK’s largest motor insurer.

bloomberg.com

Thousands Of Jobs At Risk As Aviva Strikes £3.7bn Deal To Buy Direct …

6 days from now

1 day 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

Aviva Agrees To Buy Direct Line In £3.6bn Insurance Deal

6 days from now

Dec 6, 2024  · Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Aviva, the UK insurance heavyweight, has agreed a £3.6bn takeover deal with …

ft.com

Aviva Reaches Initial £3.6 Billion Deal To Buy Direct Line

6 days from now

Dec 6, 2024  · Aviva Plc reached a preliminary agreement to buy Direct Line Insurance Group Plc for £3.6 billion ($4.6 billion) in a deal that would create the UK’s largest motor insurer.

insurancejournal.com

Aviva Agrees To Buy Direct Line For £3.7bn - Sky News

6 days from now

1 day 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

Aviva Makes Firm $4.7 Billion Offer For Direct Line - WSJ

6 days from now

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

Insurance Giant Aviva Agrees To Buy Direct Line For $4.6 Billion

6 days from now

Dec 6, 2024  · If approved by shareholders, the takeover will see Aviva pay 129.7 pence per Direct Line share in cash. Direct Line's shareholders will also receive shares in Aviva equivalent to a …

morningstar.com

Aviva Agrees To Buy UK Insurer Direct Line For £3.7 Billion (3)

6 days from now

1 day ago  · Aviva Plc agreed to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($4.65 billion) in a deal that would create the UK’s largest motor insurer.. Each Direct Line …

bloomberglaw.com

Insurance Giant Aviva Agrees To Buy Direct Line For $4.6 Billion

6 days from now

Dec 6, 2024  · Direct Line has accepted an improved takeover offer from Aviva that will see the U.K.’s largest insurer fully-acquire its smaller rival for £3.6 billion ($4.6 billion). In a joint …

marketwatch.com

Aviva Agrees To Buy U.K. Insurer Direct Line For £3.7 Billion

6 days from now

1 day ago  · Aviva agrees to buy U.K. insurer Direct Line for £3.7 billion BY Aaron Kirchfeld and Bloomberg Aviva has been on an acquisition spree in recent years to bulk up its U.K. business.

fortune.com

Aviva Set To Buy Direct Line In Sweetened £3.6bn Deal

6 days from now

Dec 6, 2024  · Direct Line is set to back a sweetened £3.6billion takeover by Aviva valuing it at almost 75 per cent above its previous share price, after the insurance giant’s first offer was …

thisismoney.co.uk

Aviva Agrees £3.7bn Direct Line Takeover | Insurance Insider

6 days from now

1 day ago  · Aviva has agreed its £3.7bn ($4.6n) acquisition of Direct Line, following the preliminary deal reached earlier this month. The preliminary agreement for an offer to buy …

insuranceinsider.com

Aviva Reaches Initial £3.6 Billion Deal To Buy Direct Line - Yahoo …

6 days from now

Dec 6, 2024  · (Bloomberg) -- Aviva Plc reached a preliminary agreement to buy Direct Line Insurance Group Plc for £3.6 billion ($4.6 billion) in a deal that would create the UK’s largest …

yahoo.com

Aviva Enters Preliminary Deal On £3.6bn Direct Line Buyout

6 days from now

Dec 6, 2024  · British motor insurer Direct Line has signed a preliminary agreement on the financial terms for a sweetened buyout bid of £3.6bn ($4.6bn), or 275 pence per share, from …

lifeinsuranceinternational.com

Aviva To Buy DLG For £3.7bn As Takeover Officially Agreed

6 days from now

1 day ago  · However, DLG reached a preliminary agreement with Aviva on the financial terms for a potential acquisition on 6 December 2024. The DLG board said that it ”remains confident” in …

insurancetimes.co.uk

Aviva Reaches Initial £3.6 Billion Deal To Buy Direct Line (3)

6 days from now

Dec 6, 2024  · Aviva Plc reached a preliminary agreement to buy Direct Line Insurance Group Plc for £3.6 billion ($4.6 billion) in a deal that would create the UK’s largest motor insurer.. London …

bloomberglaw.com

UK Insurer Aviva To Buy Direct Line In $4.65 Billion Deal - MSN

6 days from now

Aviva and Direct Line had reached a preliminary agreement in early December. Aviva had until Christmas Day to make a formal offer or walk away under UK takeover rules. ($1 = 0.7957 …

msn.com

Aviva Said To Boost Direct Line Takeover Bid To £3.4 Billion

6 days from now

Dec 5, 2024  · Deliberations are ongoing and there’s no certainty they will lead to a deal, the people said. A spokesperson for Aviva couldn’t immediately comment, while a representative …

bnnbloomberg.ca

Direct Line Agrees To Aviva’s Sweetened $4.6 Billion Takeover …

6 days from now

Direct Line shareholders would own around 12.5% of Aviva if the deal goes through. Aviva is offering to pay 129.7 pence per Direct Line share in cash—funded from its own cash …

msn.com

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

6 days from now

1 day ago  · Aviva has finally struck a deal to acquire fellow insurer Direct Line for £3.7billion, ahead of a Christmas Day deadline. Britain's largest life insurer made a £3.3billion approach in …

thisismoney.co.uk

Aviva To Buy Direct Line In £3.7bn Deal, Putting 2,300 Jobs At Risk

6 days from now

1 day ago  · Direct Line rejected an initial £3.3bn offer from Aviva, but agreed to a deal then valued at £3.6bn a week later. Photograph: Timon Schneider/Alamy. Aviva has agreed to buy the rival …

inkl.com

Direct Line Agrees £3.7bn Aviva Takeover Deal - MSN

6 days from now

D irect Line's board has given the green light to Aviva's £3.7bn acquisition proposal, signalling the end of its tenure as an independent entity. In a statement released to the stock exchange ...

msn.com

UK Insurer Aviva To Buy Direct Line In $4.65 Billion Deal

6 days from now

1 day ago  · (Reuters) - British insurer Aviva has reached an agreement to buy smaller rival Direct Line in a 3.7 billion pound ($4.65 billion) cash-and-stock deal, the companies said on Monday, …

marketscreener.com

Aviva Agrees £3.7bn Takeover Of Direct Line - The Mirror

6 days from now

1 day 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 agree …

mirror.co.uk