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Britain's competition watchdog cleared Aviva's 3.7-billion-pound ($5.08 billion) takeover of smaller rival Direct Line on ...
Aiming to “better serve” the needs of 20 million UK customers, Aviva hopes its Direct Line takeover will serve to strengthen ...
The group said about 32,000 workers at Aviva and newly acquired Direct Line will receive the shares bonus in September.
Aviva is the third-largest personal lines insurer in the UK and Ireland, holding around an 8% personal lines motor market share and around a 10% market share in home insurance.
The UK competition watchdog has today cleared Aviva's £3.7 billion takeover of smaller rival Direct Line, paving the way for the creation of Britain's largest home and motor insurer.
Explore the top FTSE 100 Index shares to watch in the year's second half, including Rolls-Royce, Lloyds Bank, Aviva, and BT ...
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 ...
The £3.7bn takeover will not be subject to a phase-two investigation, the Competition and Markets Authority (CMA) said on ...
Aviva is seeking to acquire Direct Line for approximately £3.7 billion ($5.09 billion) in a mega-merger that is expected to significantly expand its presence in the motor insurance sector.
Aviva announced its £3.7bn takeover of DLG in December 2024 and recently revealed that the deal is set to finalise at the start of July 2025, following a court sanction hearing. GlobalData said its UK ...
Level term policy cost (£300,000, 30-year-old non-smoker): £113 Maximum age to purchase a policy: 77 Maximum plan age: 90 According to its published statistics for 2022, Aviva paid 99.4% of the life ...