Jobs at risk as Aviva and Direct Line deal confirmed
Dec 23, 2024 · Aviva has confirmed it will buy Direct Line for £3.7bn, but the takeover will put up to 2,300 jobs at risk. The boards of both insurance companies announced this morning that …
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Jobs At Risk As Aviva And Direct Line Deal Confirmed
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Dec 23, 2024 · Aviva has confirmed it will buy Direct Line for £3.7bn, but the takeover will put up to 2,300 jobs at risk. The boards of both insurance companies announced this morning that …
yourmoney.com
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Up To 2,300 Jobs At Risk As Aviva Purchases Direct Line
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Dec 23, 2024 · Up to 2,300 jobs will be put at risk in the wake of Aviva’s purchase of Direct Line, with the companies saying they will cut up to 7% of their combined employee base. Aviva, the …
personneltoday.com
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Aviva's Direct Line Takeover Triggers Warning Over 2,300 Jobs At Risk
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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
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Thousands Of Jobs At Risk As Aviva Strikes £3.7bn Deal To Buy Direct …
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Dec 23, 2024 · Aviva branded flag. Up to 2,300 jobs are at risk after Aviva agreed to buy rival Direct Line in a £3.7bn deal. The two insurance giants on Monday said they had reached an …
yahoo.com
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Aviva Deal For Direct Line Puts Thousands Of Jobs At Risk
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Dec 23, 2024 · Aviva has agreed to buy rival insurer Direct Line in a deal worth £3.7 billion, with up to 2,300 job cuts planned as the companies aim for £125 million in cost savings.
heraldscotland.com
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UK Insurer Aviva To Cut Up To 2,300 Jobs In $4.65 Billion Direct …
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Dec 31, 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 …
insurancejournal.com
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2,000 Jobs Set To Be Lost In Aviva’s £3.7bn Takeover Of Direct Line
1 week from now
Dec 23, 2024 · 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 …
ft.com
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UK Insurer Aviva To Shed Up To 2,300 Jobs In $4.65 Billion Direct …
1 week from now
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 …
reuters.com
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Aviva Reveals Job Cuts Plan After Agreeing To Buy DLG For £3.7bn
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Dec 23, 2024 · Head office, senior management and insurance operations jobs are among those at risk. According to Reuters, Aviva could cut up to 2,300 roles. DLG plan. The deal between …
insurancetimes.co.uk
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Aviva To Buy Direct Line In £3.7bn Deal, Putting 2,300 Jobs At Risk
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Dec 23, 2024 · Direct Line rejected an initial £3.3bn offer from Aviva, but agreed to a deal then valued at £3.6bn a week later. Photograph: Timon Schneider/Alamy. Aviva has agreed to buy …
inkl.com
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Aviva Seals £3.75m Direct Line Deal, But Jobs At Risk In Cost-cutting ...
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Dec 23, 2024 · The offer values each Direct Line Share at 275p a premium of 73.3% to the closing Price of 158.7p on November 27. Under the terms of the deal, shareholders will …
sharecast.com
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Hundreds Of Jobs At Risk From Aviva’s £3.6bn Takeover Of Direct Line
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Dec 15, 2024 · Aviva, led by Dame Amanda Blanc, reached a preliminary agreement with the Direct Line board to buy the company for 275p per share in a deal last week. They have until …
telegraph.co.uk
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UK Insurer Aviva To Shed Up To 2,300 Jobs In $4.65 Billion Direct …
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Dec 25, 2024 · The combined company will shed between 5-7% of its total workforce as it eliminates overlapping roles By Chandini Monnappa and Lawrence White LONDON: British …
indiatimes.com
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Aviva’s £3.7bn Direct Line Deal Means 2,300 Job Cuts
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Dec 24, 2024 · Aviva, the UK’s largest insurer and a member of the FTSE 100, has agreed to purchase rival firm Direct Line for £3.7bn. The deal includes plans to cut up to 2,300 jobs as …
whatjobs.com
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UK Insurer Aviva To Shed Up To 2,300 Jobs In $4.65 Billion Direct …
1 week from now
Dec 23, 2024 · By Chandini Monnappa and Lawrence White LONDON (Reuters) -British insurer Aviva could cut up to 2,300 jobs as it takes over smaller rival Direct Line in a 3.7 billion pound …
globalbankingandfinance.com
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UK Insurer Aviva To Shed Up To 2,300 Jobs In US$4.7b Direct Line Deal
1 week from now
Dec 23, 2024 · British insurer Aviva could cut up to 2,300 jobs as it takes over smaller rival Direct Line in a £3.7 billion (US$4.7 billion or RM20.9 billion) cash-and-stock deal, the companies …
theedgemalaysia.com
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Hundreds Of Jobs At Risk From Aviva’s £3.6bn Takeover Of Insurance ...
1 week from now
Dec 15, 2024 · Both joined Direct Line from Aviva. Some jobs are also likely to go across Aviva’s 23,000-strong workforce because of the duplication with Direct Line’s staff. Dame Amanda …
pressreader.com
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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 …
insider.co.uk
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Aviva Agrees Deal To Buy Direct Line For £3.7bn, Putting 2,300 ...
1 week from now
Dec 24, 2024 · Aviva agrees deal to buy Direct Line for £3.7bn, putting 2,300 insurance jobs at risk 2024-12-24 - Jasper Jolly Aviva has agreed to buy the rival insurer Direct Line for £3.7bn, …
pressreader.com
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UK Insurer Aviva To Shed Up To 2,300 Jobs In $4.65 Bln Direct Line …
1 week from now
Dec 23, 2024 · British insurer Aviva AV. could cut up to 2,300 jobs as it takes over smaller rival Direct Line DLG in a 3.7 billion pound ($4.65 billion) cash-and-stock deal, the companies said …
tradingview.com
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Aviva To Buy Direct Line – What It Means For Insurance Customers
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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
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Direct Line Hires GC Ahead Of £3.7 Billion Aviva Deal - Law.com
1 week from now
Jan 10, 2025 · News Direct Line Hires GC Ahead of £3.7 Billion Aviva Deal Direct Line is set to be acquired by Aviva later this year, with Clifford Chance and Slaughter and May both advising on …
law.com
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