Direct Line agrees £3.7bn Aviva takeover ahead of Christmas …

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

3 weeks from now

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 Line share they hold.

thisismoney.co.uk

Direct Line Accepts Enlarged Takeover Offer From Aviva

3 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.

proactiveinvestors.co.uk

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

3 weeks from now

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

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

3 weeks from now

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 …

sky.com

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

3 weeks from now

Dec 6, 2024  · Aviva in fact made its initial offer on Nov. 19 and then announced the offer publicly on Nov. 27 . Direct Line has accepted an improved takeover offer from Aviva that will see the …

morningstar.com

Direct Line Accepts Enlarged Takeover Offer From Aviva

3 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

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

3 weeks 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

2,000 Jobs Set To Be Lost In Aviva’s £3.7bn Takeover Of Direct Line

3 weeks from now

Dec 23, 2024  · Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Up to 2,300 jobs could be lost through the £3.7bn takeover of Direct Line by Aviva, …

ft.com

Aviva Agrees £3.75 Billion Takeover Of Direct Line

3 weeks from now

Dec 23, 2024  · 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 …

dailybusinessgroup.co.uk

Direct Line Set To Accept Sweetened Aviva Takeover Bid

3 weeks from now

Dec 6, 2024  · Direct Line's stock soared 40% due to the takeover interest after the first Aviva rebuff. Having suffered in the motor insurance sphere Direct Line fended off a £3.17bn …

sky.com

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

3 weeks from now

4 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 …

insurancejournal.com

Aviva Agrees £3.7bn Deal To Acquire Direct Line, Forming A UK …

3 weeks from now

Dec 24, 2024  · The takeover follows a challenging period for Direct Line, which was hit by a series of profit warnings in 2022 and 2023 amid rising motor insurance claims. An earlier £3.2 billion …

bmmagazine.co.uk

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

3 weeks from now

The takeover will see Aviva pay 129.7 pence in cash and 0.2867 of its own shares for each Direct Line share. It will also pay up to 5p in dividend payments per share to Direct Line shareholders …

msn.com

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

3 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

Direct Line Insurance Accepts £3.7 Billion Takeover Offer From Aviva ...

3 weeks from now

Dec 23, 2024  · Aviva PLC on Monday sad it has agreed a £3.7 billion takeover of car and home insurer Direct Line Insurance Group PLC. The cash and shares offer values each Direct Line …

sharesmagazine.co.uk

Direct Line Insurance Accepts £3.7 Billion Takeover Offer From Aviva ...

3 weeks from now

Dec 23, 2024  · Direct Line shareholders will receive 0.2867 of an Aviva share, 129.7p in cash, and up to 5p in dividends payments for each Direct Line share held. Because of the share …

ajbell.co.uk

TOP NEWS: Direct Line Accepts GBP3.6 Billion Aviva... | Morningstar

3 weeks from now

Dec 6, 2024  · Based on Aviva's closing share price before the offer period started in November, the proposal values each Direct Line share at 275p. The new plan represents a 10% premium …

morningstar.co.uk

Aviva And Direct Line Reach Agreement On Possible £3.6bn Deal

3 weeks from now

The insurer is ‘minded’ to accept Aviva’s sweetened 275p-a-share offer

thetimes.com

Direct Line Accepts £3.6bn Takeover Offer From Aviva, Creating ...

3 weeks from now

Dec 6, 2024  · DIRECT LINE has accepted a £3.6billion takeover offer from rival Aviva in a move that will create a home and car insurance giant. Aviva sweetened its bid to 275p-a-share …

thesun.co.uk

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

3 weeks from now

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 Line share they hold.

msn.com