Aviva to acquire Direct Line in £3.7 billion deal - Investing.com

Dec 23, 2024  · 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 …


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

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Dec 23, 2024  · 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 …

investing.com

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

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Dec 23, 2024  · 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 …

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

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Dec 23, 2024  · 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 …

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Aviva Acquires Direct Line In £3.7 Billion Cash And Share Deal

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Dec 23, 2024  · Despite this early strategic progress, the Direct Line Directors do not believe that Direct Line’s share price and valuation was appropriately reflecting the potential for the …

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

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Dec 23, 2024  · 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 …

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

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Dec 23, 2024  · (Bloomberg) -- 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. …

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Aviva Agrees £3.7bn Takeover Of Direct Line - What It Means For …

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Dec 23, 2024  · 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 …

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

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Dec 23, 2024  · 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 - Au.investing.com

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Dec 23, 2024  · 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 …

investing.com

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

4 weeks from now

Dec 23, 2024  · 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 …

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

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Dec 23, 2024  · 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

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Aviva's Strategic Acquisition Of Direct Line For £3.7 Billion

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Dec 23, 2024  · Aviva's Acquisition of Direct Line: A Strategic Move. Aviva has officially announced its decision to acquire Direct Line Insurance Group in a major deal valued at approximately …

investorshangout.com

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Direct Line Agrees To £3.7bn Takeover By Aviva

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Dec 23, 2024  · Direct Line's board has given the green light to Aviva's £3.7bn takeover offer. The insurer's board announced their endorsement of Aviva's latest £3.7bn bid this morning via a …

insider.co.uk

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Aviva Reaches Initial £3.6 Billion Deal To Buy Direct Line

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Dec 6, 2024  · A joint statement indicates Aviva paying in the region of £3.5 billion via cash and shares, valuing Direct Line at 2.8x its 2023 tangible equity (when the latter made a negative …

insurancejournal.com

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Aviva To Acquire Direct Line In £3.7 Billion Deal

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Dec 23, 2024  · 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 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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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

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

4 weeks from now

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 Makes Firm $4.7 Billion Offer For Direct Line - WSJ

4 weeks 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

FAQs about Aviva to acquire Direct Line in £3.7 billion deal - Investing.com Coupon?

Did Aviva buy Direct Line Insurance Group plc?

An earlier version corrected shareholding of the combined company in third paragraph.) 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. ...

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 to Aviva-direct line shares in London?

Direct Line shares jumped as much as 3.6% in London trading on Monday, extending their gains to about 58% since the initial Nov. 27 report on Aviva’s pursuit, when they closed at 158.70 pence. Aviva shares have declined about 6.2% in the same period. Aviva-Direct Line Deal Faces Risks With Moderate Savings: React ...

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. ...

Will Aviva take over direct line?

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 deal following intense negotiations leading up to Christmas Day. ...

Does Aviva offer a dividend?

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 cash—funded from its own cash resources—and up to 5 pence as a dividend. ...

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