Aviva Plc’s plan to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($5.09 billion) to create the UK’s largest motor insurer has been given the nod from the country’s competition ...
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(RTTNews) - Insurance company Aviva Plc. (AV.L), on Thursday, along with announced the cancellation of a Bridge Facility Agreement of 1.85 billion pounds in the proposed acquisition of Direct Line ...
LONDON, May 14 (Reuters) - Aviva's (AV.L), opens new tab bid to become Britain's largest home and motor insurer via a 3.7 billion pound ($4.92 billion) takeover of smaller rival Direct Line (DLGD.L), ...
The U.K.’s antitrust regulator gave its green light for insurer and asset manager Aviva to move forward with its takeover of smaller peer Direct Line. The Competition and Markets Authority, which had ...
When I invested in Direct Line in 2022, I thought it looked like an attractive turnaround and I still think I was right. This investment was a bumpy ride to nowhere, and it’s one of the main reasons ...
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 ...
Direct Line's GC will leave the company, just as its £3.7 billion acquisition by Aviva is cleared by the CMA. Direct Line’s general counsel is exiting the company, after its £3.7 billion acquisition ...
Aviva’s acquisition of smaller insurance peer Direct Line has been approved by the competitions watchdog, paving the way for the formation of Britain’s biggest home and motor insurer. The £3.7bn ...
Direct Line Insurance Group said Chief Executive Adam Winslow and Chief Financial Officer Jane Poole are set to step down as part of a management reshuffle following its agreed merger with Aviva ...
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