FIVE at FIVE: Aviva seals Direct Line deal; Record house prices; FTSE ...

Dec 6, 2024 · 2. House prices surge to new record after strongest growth in two years. Month on month, prices ticked up by 1.3%, marking the fifth consecutive positive reading. Read more. 3. …

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FIVE At FIVE: Aviva Seals Direct Line Deal; Record House Prices; FTSE ...

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Dec 6, 2024 · 2. House prices surge to new record after strongest growth in two years. Month on month, prices ticked up by 1.3%, marking the fifth consecutive positive reading. Read more. 3. …

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FIVE At FIVE: Aviva Seals Direct Line Deal; Record House Prices; FTSE ...

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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. Read more. 2. …

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

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5 days ago · (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 Monday, …

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Aviva Seals £3.75m Deal To Snare Direct Line | Financial News

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5 days ago · (Sharecast News) - Aviva said it had struck a deal to buy troubled insurance rival Direct Line for £3.75bn after intensive talks over the weekend and ahead of a Christmas Day …

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

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5 days ago · Under the deal, Aviva will pay 129.7p in cash, and 0.2867 of its own shares for each Direct Line share. Direct Line shareholders will also receive a dividend of up to 5p per share …

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

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14 hours ago · Warning over 2,300 jobs at risk and price hikes as Aviva seals the deal on £3.7bn Direct Line takeover ... A year ago we asked six property experts whether house prices would …

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Does Acquiring Direct Line Make Aviva Shares A Buy?

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17 hours ago · Acquiring Direct Line at a 22% discount to where the stock was five years ago looks like a smart move. But it doesn’t put me any closer to wanting to buy Aviva shares.

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FAQs about FIVE at FIVE: Aviva seals Direct Line deal; Record house prices; FTSE ... Coupon?

How much will Aviva pay for direct line shares?

On Monday, the boards of both companies announced they had reached agreement on the terms of a cash and shares approach first made by Aviva earlier this month. Under the deal, Aviva will pay 129.7p in cash, and 0.2867 of its own shares for each Direct Line share. ...

Will Aviva take over direct line Insurance Group plc?

Direct Line Insurance Group PLC (LSE:DLG) has preliminary agreed to an enlarged takeover bid by Aviva PLC (LSE:AV.). The 275p per share offer represents a 73.3% premium to its closing price on November 27 and includes 129.7p in cash and the rest in new Aviva shares, plus a 5p dividend payment subject to board approval. ...

Does Aviva have direct line?

Aviva is the biggest general insurer in the UK and the addition of Direct Line, which has top three positions in the home and motor insurance markets, will cement its place. Aviva sealed the deal just before the Christmas Day deadline. Affiliate links: If you take out a product This is Money may earn a commission. ...

Is Aviva A good stock to buy?

Aviva has a financial strength score of A+ and an AA- credit rating, the second highest available from AM Best. Direct Line shareholders are expected to approve the takeover in the first quarter of 2025 with the deal set to be completed by the middle of the year. ...

Will Aviva take over the UK personal lines market?

Aviva believes the takeover will bolster its presence in the UK personal lines market, which generated at least £26billion of gross written premiums last year. The FTSE 100 group also expects it to create 'better outcomes' for customers, such as competitive pricing, greater technology investment and faster claims payments. ...

How many jobs could be lost by Aviva's £3.7bn takeover of direct line?

Up to 2,300 jobs could be lost through the £3.7bn takeover of Direct Line by Aviva, its larger rival, according to a joint statement by the UK insurers. On Monday, the boards of both companies announced they had reached agreement on the terms of a cash and shares approach first made by Aviva earlier this month. ...