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

Dec 23, 2024  · Under the terms of the deal, Direct Line shareholders will receive 0.2867 newly issued Aviva shares, 129.7 pence in cash per share, and up to 5 pence in potential dividend …


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

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Dec 23, 2024  · Under the terms of the deal, Direct Line shareholders will receive 0.2867 newly issued Aviva shares, 129.7 pence in cash per share, and up to 5 pence in potential dividend …

investing.com

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

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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  · “The Board of Direct Line is pleased to recommend Aviva’s offer for the company, which delivers significant value for Direct Line Shareholders. The offer represents a substantial …

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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 To Acquire Direct Line In £3.7 Billion Deal - Ng.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 To Acquire Direct Line In £3.7 Billion Deal - Ph.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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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 - 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 Agrees To Buy Direct Line For £3.7bn | UK News | Sky News

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Dec 23, 2024  · 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 …

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Direct Line Agrees To £3.7bn Takeover By Aviva - Business Insider

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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 …

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Aviva Set To Buy Direct Line To Create $21 Billion British Insurer

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Dec 6, 2024  · British insurer Aviva has agreed to buy smaller rival Direct Line in a sweetened 3.61 billion pound ($4.60 billion) cash-and-stock deal that will create the UK's largest home and …

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

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Dec 23, 2024  · British insurer Aviva has reached an agreement to buy smaller rival Direct Line in a 3.7 billion pound cash-and-stock deal, the companies said today, creating the UK's largest …

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Aviva Reaches Initial £3.6 Billion Deal To Buy Direct Line

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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

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

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LONDON, Dec 23 (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 …

lse.co.uk

FAQs about Aviva to buy Direct Line in £3.7 bln 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. ...

Will Aviva buy direct line for £3.7bn?

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 competitor a few weeks after a £3.3bn bid was turned down in November. ...

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 ...

How much does Aviva pay a direct line shareholder?

Aviva will pay 129.7 pence in cash and 0.2867 of its own shares for each Direct Line share as part of the takeover. It will also pay up to 5p in dividend payments per share to Direct Line shareholders, with Aviva shareholders owning 87.5% of the new company and Direct Line shareholders the rest. ...

Who advised Aviva & direct line?

Citigroup Inc. and Goldman Sachs Group Inc. advised Aviva on the deal while Direct Line worked with Morgan Stanley, Robey Warshaw and Royal Bank of Canada. Goldman’s role with the buyer drew some attention because the New York-based bank had previously advised Direct Line on its defense against Ageas earlier in the year. ...

Will direct line join Aviva?

It will enable the firm “to continue to succeed as part of a combined group with Aviva,” said Direct Line Chief Executive Officer Adam Winslow, who had earlier led Aviva’s UK and Ireland general insurance business. ...

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