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 ...
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 ...
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 agreement to merge and create Britain’s ...
Direct Line rejected a £3.3bn bid from Aviva last month. 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 ...
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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 ...
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 ...
Direct Line said on Friday it had agreed a provisional 275p a share takeover offer from larger rival Aviva. The takeover would give Aviva a car insurance market share of more than 20pc ...
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 ...
(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 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 ...