Update: Aviva’s £3.7 Billion Direct Line Deal Faces UK Merger Review May 14, 2025 By Peter Chapman Aviva Plc faces a review by the UK’s merger watchdog into its plan to buy Direct Line Insurance Group Plc...
Update: Ageas and Allianz Explore Bids for British Insurance Group esure, Sources Say March 11, 2025 By Amy-Jo Crowley and Alexander Hübner Belgian insurer Ageas has retained advisors to explore a bid for British motor and home insurer esure, four people familiar...
UK Insurer Aviva to Cut Up to 2,300 Jobs in $4.65 Billion Direct Line Deal December 31, 2024 British insurer Aviva could cut up to 2,300 jobs as it takes over smaller rival Direct Line in a 3.7...
Aviva Agrees to Buy UK Insurer Direct Line for £3.7 Billion December 23, 2024 By Aaron Kirchfeld Aviva Plc agreed to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($4.65 billion) in a deal that...
Aviva CEO Amanda Blanc Conquers Detractors and Direct Line December 6, 2024 By Pamela Barbaglia and Leonard Kehnscherper Amanda Blanc is determined to steer Aviva Plc to one of the biggest takeovers in its history, a highlight in...
Aviva Reaches Initial £3.6 Billion Deal to Buy Direct Line December 6, 2024 By Pamela Barbaglia, Dinesh Nair, Aaron Kirchfeld and Leonard Kehnscherper Aviva Plc reached a preliminary agreement to buy Direct Line Insurance Group Plc for £3.6 billion ($4.6 billion) in a...
UK Insurer Aviva Said to Boost Direct Line Takeover Bid to £3.4 Billion December 5, 2024 Aviva Plc has increased its offer for Direct Line Insurance Group Plc to about £3.4 billion ($4.4 billion), days after...
UK Motor Insurer Direct Line to Cut 550 Jobs in Turnaround Bid November 12, 2024 By Gabriela Mello Direct Line Insurance Group Plc, the UK insurer that rejected a takeover attempt by Belgian rival Ageas SA earlier this...
Ageas Says It Won’t Make Third Offer for Direct Line Insurance March 25, 2024 By Michael J.Moore Ageas said it will halt its pursuit of UK insurer Direct Line Insurance Group Plc after two takeover proposals were...
UK Insurer Direct Line Posts Operating Loss as it Grapples With Auto Claims Inflation March 21, 2024 By Carolyn Cohn Direct Line posted a 2023 operating loss as it grapples high motor claims inflation, but reinstated its dividend as the...