The country’s Competition and Markets Authority chose not to pursue a deeper investigation into the merger.

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.

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Why it matters: On Dec. 23, 2024, the Aviva and Direct Line boards agreed to a takeover of Direct Line. The purchase marks the continuation of Aviva's strategy to pursue more technical and less ...

Aviva paid 129.7 pence in cash and 0.2867 of its own shares for each Direct Line share as part of the deal. It also paid up to 5p in dividend payments per share to Direct Line shareholders.

The executives at the helm of the U.K insurance company are stepping down as part of a management reshuffle and will be on ...

Aviva paid 129.7 pence in cash and 0.2867 of its own shares for each Direct Line share as part of the deal. It also paid up to 5p in dividend payments per share to Direct Line shareholders.

The Competition and Markets Authority, which launched an initial investigation into the deal in May, said it would not refer ...