LONDON (Reuters) -British insurer Aviva could cut up to 2,300 jobs as it takes over smaller rival Direct Line in a 3.7 billion pound ($4.65 billion) cash-and-stock deal, the companies said on ...

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 ...

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 ...

LONDON, Dec 23 (Reuters) - British insurer Aviva (AV.L), opens new tab could cut up to 2,300 jobs as it takes over smaller rival Direct Line (DLGD.L), opens new tab in a 3.7 billion pound ($4.65 ...

Up to 2,300 jobs are at risk after Aviva agreed to buy rival Direct Line in a £3.7bn deal. The two insurance giants on Monday said they had reached an agreement to merge and create Britain’s ...

Learn More. Over the last 12 months, Aviva’s share price is up 7.42%, while Legal & General’s is down 9.88%. At one point, the performance gap was even wider. However, the pre-Christmas FTSE ...

Aviva is one of the five largest UK car insurers and also offers home, travel and life insurance. Its car insurance brands include Aviva, Quote Me Happy and General Accident, all underwritten by Aviva ...

Aviva and Direct Line have been locked in takeover talks over the weekend ahead of a Christmas Day bid deadline. FTSE 100 insurer Aviva has until 5pm on December 25 to make a firm offer, agree an ...

Aviva Plc agreed to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($4.65 billion) in a deal that would create the UK’s largest motor insurer. Each Direct Line shareholder will be ...

Aviva has finally struck a deal to acquire fellow insurer Direct Line for £3.7billion, ahead of a Christmas Day deadline. Britain's largest life insurer made a £3.3billion approach in November ...

Learn More. Aviva (LSE: AV.) shareholders are a patient lot, with the shares struggling. Despite a successful restructuring plus a forecast 7.5% dividend yield, the price is down 17% in five years.

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