Aviva's acquisition of Direct Line for $4.6 billion will significantly boost its market position in the U.K. personal lines, especially motor insurance. The deal is expected to generate £125 million ...

(RTTNews) - Direct Line Insurance Group plc (DLG.L) Friday announced that it has reached preliminary agreement on the financial terms to be acquired by general insurance company Aviva plc (AV, AV.L) ...

The City is braced for a Direct Line bidding war after Aviva threw the company into the takeover spotlight for the second ...

Aviva's potential acquisition of Direct Line could enhance shareholder returns, with a 15% EPS accretion expected two years post-deal. Aviva's Q3 results exceeded expectations on a standalone basis, ...

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 ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Aviva has contacted shareholders in Direct Line in a move that could pave the way for a hostile takeover bid ...

In a notice to the London Stock Exchange, Aviva plc (AVVIY) stated: “In response to press speculation, Aviva announces that on 19 November 2024, it submitted a non-binding proposal to the Board of ...

Direct Line has accepted an improved takeover offer from Aviva that will see the U.K.’s largest insurer fully-acquire its smaller rival for £3.6 billion ($4.6 billion). In a joint statement, the two ...

(RTTNews) - The boards of Aviva (AV.L, AV) and Direct Line insurance (DLG.L) have reached agreement on the terms of a recommended cash and share offer for Direct Line. Each Direct Line shareholder ...

Aviva has launched a £3.4bn takeover bid for rival Direct Line in a tie-up that would create one of Britain’s largest car insurers. Aviva confirmed that it had made an offer worth 250p a share on Nov ...

Insurer Aviva has revealed it expects to meet 2026 performance targets a year early and almost doubled aims for cost savings following its £3.7 billion takeover of Direct Line. The FTSE 100 firm said ...