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'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 ...
Aviva said: "We remain on track to achieve this and to realise greater than GBP500 million of total capital synergies by around the end of 2026, as outlined at our in focus event in November 2025." ...
Aviva has agreed a deal to buy rival insurer Direct Line in a £3.7 billion swoop. The FTSE 100 insurer is set to purchase its smaller competitor after a £3.3 billion was bid turned down in November.
In a notice to the London Stock Exchange, Direct Line (DIISY) stated: The Board of Direct Line Group notes the recent announcement made by Aviva (AVVIY) plc regarding a possible offer for the Company ...
Direct Line's shares increased by over 40% on Thursday on hopes its main rival Aviva might submit another higher takeover bid following its decision to reject a GBP3.3 billion ($4.2 billion) bid from ...
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 ...
The chief executive of Direct Line Group has received a huge pay day ahead of its £3.7bn takeover by Aviva. Adam Winslow took home a pay packet of more than £7.8m for the insurance giant’s latest ...
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 ...
Following the story of a potential acquisition of Direct Line, Aviva has officially announced a cash and share offer that consists of 0.2867 new Aviva shares, GBX 129.7 in cash per Direct Line share, ...
Direct Line agreed to an improved takeover bid from Aviva AV0.72%increase; green up pointing triangle valuing the nonlife insurer at 3.61 billion pounds ($4.61 billion), the companies said. Insurer ...
Direct Line’s shares increased by over 40% on Thursday on hopes its main rival Aviva might submit another higher takeover bid following its decision to reject a £3.3 billion ($4.2 billion) bid from ...