Aiming to “better serve” the needs of 20 million UK customers, Aviva hopes its Direct Line takeover will serve to strengthen ...

Britain's competition watchdog cleared Aviva's 3.7-billion-pound ($5.08 billion) takeover of smaller rival Direct Line on ...

Aviva’s acquisition of smaller insurance peer Direct Line has been approved by the competitions watchdog, paving the way for ...

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

Aviva late last year made a firm offer for its nonlife peer–which houses Churchill, Green Flag and its namesake brand among ...

The UK’s Competition and Markets Authority (CMA) has approved Aviva’s £3.7bn ($5bn) acquisition of Direct Line, concluding ...

Nearly 32,000 staff at Aviva are to receive £500 of free shares each after the insurance giant completed its £3.7bn takeover ...

Aviva is the largest general insurance player in the UK; accounting for 9.7% of GWP in 2023 as per GlobalData’s UK Top 25 ...

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 ...

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

The U.K.’s antitrust regulator gave its green light for insurer and asset manager Aviva to move forward with its takeover of smaller peer Direct Line. The Competition and Markets Authority ...

Aviva is looking to save £125 million in annual costs within three years of the deal closing. Aviva paid 129.7 pence in cash and 0.2867 of its own shares for each Direct Line share as part of the ...