Aviva acquires Direct Line in £3.7 billion cash and share deal

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

1 week from now

Dec 23, 2024  · Morgan Stanley and Robey Warshaw LLP are providing independent financial advice to the Direct Line Directors for the purposes of Rule 3 of the Takeover Code. …

directorstalkinterviews.com

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

1 week from now

Dec 23, 2024  · Aviva agrees to buy Direct Line for £3.7bn. ... 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.

sky.com

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

1 week 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 £3.7bn Takeover Of Direct Line - The Mirror

1 week from now

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 …

mirror.co.uk

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

1 week from now

Dec 23, 2024  · 2,000 jobs set to be lost in Aviva’s £3.7bn takeover of Direct Line on linkedin (opens in a new window) 2,000 jobs set to be lost in Aviva’s £3.7bn takeover of Direct Line on …

ft.com

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

1 week from now

Dec 24, 2024  · Under the terms of the deal, Direct Line shareholders will receive a mix of cash and shares: 0.2867 new Aviva shares, 129.7p in cash, and up to 5p in dividends. Aviva will …

bmmagazine.co.uk

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

1 week from now

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. …

bnnbloomberg.ca

How Aviva Won Direct Line In Eight Days - Financial Times

1 week from now

Dec 6, 2024  · After three offers from Aviva, the first of which was only made public last week, Direct Line’s board agreed late on Thursday to a £3.6bn takeover with its larger rival.

ft.com

Aviva To Buy Direct Line – What It Means For Insurance Customers

1 week from now

Jan 11, 2025  · The insurer Aviva has agreed to acquire its rival Direct Line in a deal worth £3.7bn. The takeover is expected to be completed in mid-2025, at which point Direct Line Group's …

which.co.uk

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

1 week from now

Dec 23, 2024  · Insurer Direct Line has agreed a £3.7bn takeover offer from Aviva (Alamy/PA) Aviva has agreed a deal to buy rival insurer Direct Line in a £3.7 billion swoop. The FTSE 100 …

expressandstar.com

Direct Line Agrees £3.7bn Aviva Takeover - MSN

1 week from now

Direct Line’s board has agreed to accept Aviva’s £3.7bn takeover of the insurer, bringing to an end the firm’s run as an independent company. In a stock exchange announcement this …

msn.com

Aviva Agrees £3.7bn Direct Line Takeover | Insurance Insider

1 week from now

Dec 23, 2024  · 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

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

1 week from now

LONDON, Dec 23 (Reuters) - British insurer Aviva (AV.L), opens new tab could cut up to 2,300 jobs as it takes over smaller rival Direct Line (DLGD.L), opens new tab in a 3.7 billion pound …

reuters.com

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

1 week from now

Jan 6, 2025  · 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

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

1 week from now

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 …

reuters.com

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

1 week from now

Dec 6, 2024  · Aviva, the UK insurance heavyweight, has agreed a £3.6bn takeover deal with Direct Line, after winning over its smaller rival with a sweetened bid.

ft.com

Direct Line Hires GC Ahead Of £3.7 Billion Aviva Deal - Law.com

1 week from now

Jan 10, 2025  · Direct Line is set to be acquired by Aviva later this year, with Clifford Chance and Slaughter and May both advising on the transaction. January 10, 2025 at 05:59 AM 2 minute …

law.com