Announced

Aviva to acquire Direct Line Insurance Group for £3.7bn.

Synopsis

Aviva, a British multinational insurance company, agreed to acquire Direct Line Insurance Group, a British insurance company, for £3.7bn. "This deal is excellent news for the customers and shareholders of Aviva and Direct Line. It builds on our track record of delivering four years of strong financial performance and, in line with our strategy, it accelerates our growth in capital light business," Amanda Blanc, Aviva Group CEO.

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