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Aviva to Acquire Direct Line for £3.6 Billion
Aviva will acquire Direct Line for £3.6 billion, comprising 129.7p in cash and 0.2867 new Aviva shares per Direct Line share, plus a potential 5p dividend, creating a combined entity with approximately one-fifth of the UK motor insurance market.
Aviva to Acquire Direct Line for £3.6 Billion
Aviva will acquire Direct Line for £3.6 billion, comprising 129.7p in cash and 0.2867 new Aviva shares per Direct Line share, plus a potential 5p dividend, creating a combined entity with approximately one-fifth of the UK motor insurance market.
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