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 ($4.65 billion) cash-and-stock deal, the companies said on ...

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 ...

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 ...

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 agree deal following ...

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 ...

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 brands and services will ...

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 ...

US tech tycoon Elon Musk has taken a swipe at Aviva’s chief executive over the Norwich-based insurance company’s controversial diversity policy. Musk publicly criticised Aviva boss Amanda ...

© 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and ...

Learn More. Aviva (LSE: AV.) shareholders are a patient lot, with the shares struggling. Despite a successful restructuring plus a forecast 7.5% dividend yield, the price is down 17% in five years.

Aviva has finally struck a deal to acquire fellow insurer Direct Line for £3.7billion, ahead of a Christmas Day deadline. Britain's largest life insurer made a £3.3billion approach in November ...