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 ...
A deal between the two firms would create a significant force in the motor insurance sector, estimated to cover more than a fifth of the total UK market. Aviva chief executive Amanda Blanc said ...
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 ...
Aviva has agreed to pay £3.7bn for rival company (€4.5bn) in time for the Christmas Day deadline. The deal will pave the way for the combined group to own a fifth of the UK motor insurance market.
The companies had been locked in talks ahead of a Christmas Day deadline. A deal between the two firms would create a significant force in the motor insurance sector, estimated to cover more than a ...