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 ...

The Tasmanian Symphony Orchestra has appointed 25-year-old Rachel Kelly as its principal tuba player — the first time a woman has held the position. Around the world 90 per cent of tuba players ...

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 ($4.65 ...

(Bloomberg) -- 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.

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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. Each Direct Line shareholder will be ...

Aviva Plc has increased its offer for Direct Line Insurance Group Plc to about £3.4 billion ($4.4 billion), days after its initial proposal to buy the UK motor insurer was rejected, people with ...

Aviva boss Amanda Blanc has more takeover targets in her sights after the insurer's swoop on its rival Direct Line last week. Blanc, 57, is eyeing up potential expansion areas in Aviva's business ...

LONDON, Dec 6 (Reuters) - British insurer Aviva (AV.L), opens new tab has agreed to buy smaller rival Direct Line (DLGD.L), opens new tab in a sweetened 3.61 billion pound ($4.60 billion ...

An earlier version of this story said Aviva made its initial offer on Nov. 27. Aviva in fact made its initial offer on Nov. 19 and then announced the offer publicly on Nov. 27 Direct Line has ...

(Bloomberg) -- 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.

Direct Line is set to back a sweetened £3.6billion takeover by Aviva valuing it at almost 75 per cent above its previous share price, after the insurance giant’s first offer was rejected.