Aviva to buy Direct Line in £3.7 bln deal - Investing.com UK

6 days ago  · Investing.com -- Aviva (LON: AV) said on Monday that it has reached a definitive agreement to buy Direct Line Insurance Group (LON: DLGD) in a cash-and-share transaction valued at about £3.7 billion. Under the terms of the deal, Direct Line shareholders will receive …


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Aviva To Buy Direct Line In £3.7 Bln Deal - Investing.com UK

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6 days ago  · Investing.com -- Aviva (LON: AV) said on Monday that it has reached a definitive agreement to buy Direct Line Insurance Group (LON: DLGD) in a cash-and-share transaction valued at about £3.7 billion. Under the terms of the deal, Direct Line shareholders will receive …

investing.com

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Aviva To Buy Direct Line In £3.7 Bln Deal - Investing.com

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6 days ago  · Investing.com -- Aviva (LON: AV) said on Monday that it has reached a definitive agreement to buy Direct Line Insurance Group (LON: DLGD) in a cash-and-share transaction …

investing.com

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Aviva To Acquire Direct Line In £3.7 Billion Deal - Investing.com

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6 days ago  · Under the terms of the acquisition, Direct Line shareholders will receive 0.2867 new Aviva shares, 129.7 pence in cash, and up to 5 pence in dividend payments per Direct Line …

investing.com

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

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6 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 …

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Aviva To Acquire Direct Line In £3.7 Billion Deal - Investing.com UK

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6 days ago  · LONDON - Aviva (LON: AV) PLC, a leading UK-based insurance group, has reached an agreement to acquire Direct Line (LON: DLGD) Insurance Group plc in a transaction valued …

investing.com

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Aviva Agrees To Buy UK Insurer Direct Line In £3.7 Billion Deal

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6 days 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.

bloomberg.com

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Aviva And Direct Line Agree £3.7bn Insurance Tie-up - Yahoo Finance

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6 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 And Direct Line Agree £3.7bn Insurance Tie-up

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6 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 …

jerseyeveningpost.com

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Aviva To Acquire Direct Line In £3.7 Billion Deal - Za.investing.com

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6 days ago  · LONDON - Aviva (LON: AV) PLC, a leading UK-based insurance group, has reached an agreement to acquire Direct Line (LON: DLGD) Insurance Group plc in a transaction valued …

investing.com

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Aviva Set To Buy Direct Line After Sweetened Bid - RTÉ

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Dec 6, 2024  · British insurer Aviva has agreed to buy smaller rival Direct Line in a sweetened £3.61 billion cash-and-stock deal that will create the UK's largest home and motor insurer.

rte.ie

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

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6 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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Aviva To Acquire Direct Line In £3.7 Billion Deal - Investing.com …

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6 days ago  · LONDON - Aviva (LON: AV) PLC, a leading UK-based insurance group, has reached an agreement to acquire Direct Line (LON: DLGD) Insurance Group plc in a transaction valued …

investing.com

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Aviva To Acquire Direct Line In £3.7 Billion Deal - Au.investing.com

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6 days ago  · LONDON - Aviva (LON: AV) PLC, a leading UK-based insurance group, has reached an agreement to acquire Direct Line (LON: DLGD) Insurance Group plc in a transaction valued …

investing.com

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Aviva To Acquire Direct Line In £3.7 Billion Deal - Ph.investing.com

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6 days ago  · LONDON - Aviva (LON: AV) PLC, a leading UK-based insurance group, has reached an agreement to acquire Direct Line (LON: DLGD) Insurance Group plc in a transaction valued …

investing.com

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Aviva To Acquire Direct Line In £3.7 Billion Deal - Ng.investing.com

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6 days ago  · LONDON - Aviva (LON: AV) PLC, a leading UK-based insurance group, has reached an agreement to acquire Direct Line (LON: DLGD) Insurance Group plc in a transaction valued …

investing.com

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Aviva Agrees £3.75 Billion Takeover Of Direct Line

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6 days ago  · An enlarged Aviva will become the second biggest car insurer behind Admiral. Aviva has agreed a £3.75 billion takeover of insurance rival Direct Line following intensive talks over …

dailybusinessgroup.co.uk

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

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6 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 Credit Rating At Risk After £3.7 Billion Direct Line Deal

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1 day ago  · Aviva could have its credit rating cut if its £3.7bn takeover of rival home and motor insurer Direct Line goes through. Specialist ratings agency AM Best said it had put Aviva's …

thisismoney.co.uk

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Aviva To Acquire Direct Line In £3.7 Billion Deal

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6 days ago  · Aviva has reached an agreement to acquire Direct Line Insurance Group in a £3.7 billion (US$4.63 billion) cash-and-stock deal. The company says the move will bring together a …

captiveinsurancetimes.com

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Aviva To Acquire Direct Line For £3.7bn - Lawyer-monthly.com

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4 days ago  · Aviva buys Direct Line for £3.7 billion. Aviva has reached an agreement to acquire its competitor Direct Line for £3.7 billion, ahead of a deadline set for Christmas Day. The …

lawyer-monthly.com

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

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The boards of both groups agreed on the terms of a recommended offer, Aviva said Monday. For each Direct Line share, shareholders will get 0.2867 new Aviva shares plus 129.7 pence in …

msn.com

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Aviva's Strategic Move To Acquire Direct Line For £3.7 Billion

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6 days ago  · Aviva Set to Acquire Direct Line in a Major Move. In a significant development for the UK insurance market, Aviva PLC is poised to acquire Direct Line Insurance Group plc in a …

investorshangout.com

FAQs about Aviva to buy Direct Line in £3.7 bln deal - Investing.com UK Coupon?

Will Aviva buy direct line?

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. The companies had been locked in talks ahead of a Christmas Day deadline. ...

How much will direct line shareholders receive from Aviva?

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 form of a dividend, Aviva said. ...

What happened between Aviva & direct line?

Ahead of a Christmas Day deadline, the two insurance firms agreed to a merger after Aviva failed with a lower bid in November. Aviva has agreed a deal to buy rival company Direct Line for £3.7bn ahead of a Christmas Day deadline. ...

How many jobs will Aviva cut if it takes over direct line?

By Chandini Monnappa and Lawrence White LONDON (Reuters) -British insurer Aviva could cut up to 2,300 jobs as it takes over smaller rival Direct Line in a 3.7 billion pound ($4.65 billion) cash-and-stock deal, the companies said on Monday, creating the UK's largest home and motor insurer. ...

Will Aviva & Direct Line merge?

Aviva shareholders will own approximately 87.5% of the new company while Direct Line shareholders will own about 12.5%. Shareholders will get the chance to vote on the deal in March, with the merger completing in mid-2025. Danuta Gray, chairwoman of Direct Line, said the deal “reflects the attractiveness of Direct Line”. ...

Did Aviva win over direct line?

Insurer and asset manager Aviva won over its smaller rival with a cash and shares offer worth 275 pence a share in early December. This is 10% higher than its previously rebuffed approach and represents a 73% premium on Direct Line’s closing price on Nov. 27. The boards of both groups agreed on the terms of a recommended offer, Aviva said Monday. ...

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