Market
Completion of Aviva's Acquisition of Direct Line by June 30, 2025?
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Official announcements from Aviva or Direct Line, financial news outlets, or regulatory filings confirming the completion of the acquisition.
Story
Aviva Agrees to Acquire Direct Line for £3.7 Billion ($4.65 Billion), Creating UK's Largest Motor Insurer
Dec 23, 2024, 08:35 AM
UK insurer Aviva has reached a formal agreement to acquire Direct Line Insurance for approximately £3.7 billion ($4.65 billion). This acquisition is set to create the largest motor insurer in the UK. The deal has been confirmed by multiple sources, highlighting Aviva's strategic move in the insurance market. The transaction is expected to enhance Aviva's position within the sector, further consolidating its market presence.
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Similar markets
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