Aviva News – Page 3
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NewsAviva reveals job cuts plan after agreeing to buy DLG for £3.7bn
Aviva aims to save £125m annually in pre-tax costs within three years of the deal being completed
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NewsInsurance Times Review of the Year – Q4 2024
Insurance Times looks at highlights from Q4 2024 in its review of the year
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NewsInsurance Times Advent Calendar: Jason Storah
For the 24th and last day of advent, Jason Storah, chief executive for general insurance at Aviva UK and Ireland, lists his Christmas wish list for the industry
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NewsDLG directors unhappy with insurer’s share price before accepting Aviva deal
DLG’s share price was trading ’close to a 12-month low prior to Aviva’s initial approach’, says statement
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NewsWinslow responds as DLG officially agrees £3.7bn sale to Aviva
Winslow left Aviva to join DLG as its chief executive in March 2024
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NewsAviva to buy DLG for £3.7bn as takeover officially agreed
The two firms have reached an agreement on the terms of a cash and share offer
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NewsElon Musk labels ‘people like’ Aviva’s Amanda Blanc ‘racist’ after recruitment comments
Aviva declined to comment when approached by Insurance Times
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NewsAviva to simplify claims process for brokers with new proposition
’Enhancing our claims services for our broker partners is central to our plans,’ says commercial claims director
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NewsThis week’s biggest M&A stories
Insurance Times rounds up the biggest M&A news stories from 9 to 13 December 2024
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NewsAviva announces senior broking appointment after structure change
’Our team is now in position,’ says broker distribution director
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NewsAviva boss Blanc eyeing up more takeover targets after DLG deal
Aviva and DLG have reached a preliminary agreement on the financial terms for a potential acquisition
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NewsAviva ‘keen to wrap up DLG takeover quickly’
According to British takeover rules, Aviva has until 25 December 2024 to make a firm offer or walk away
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NewsDLG founder responds to Aviva takeover agreement as market implications revealed
Founder calls potential £3.6bn takeover of DLG a ‘done deal’
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NewsThis week’s biggest M&A stories
Insurance Times rounds up the biggest M&A news stories from 2 December to 6 December
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NewsAviva/DLG takeover: The story so far…
Below is the story of events that led to Aviva being successful in reaching a preliminary agreement with DLG over a potential acquisition
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NewsCMA and market share claims made after DLG accepts Aviva takeover proposal
’There will be concerns over the fact that the new DLG/Aviva proposed entity would have a potentially dominant market share,’ says director
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NewsAviva explains how it plans to purchase DLG after takeover bid accepted
The two firms reached a preliminary agreement on the financial terms for a potential acquisition
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NewsDLG accepts £3.6bn takeover offer from Aviva
Aviva has been successful in reaching a preliminary agreement with DLG over a potential acquisition after raising its offer
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NewsDLG founder responds to Aviva takeover bid
Founder says bid must increase by ’several hundred million pounds’ to be successful
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NewsWinslow’s plea to DLG shareholders as Aviva on ‘charm offensive’ over takeover bid
“[Amanda Blanc] is doing her job, but I’ve got my job to do, which is to drive value for shareholders,’ says Winslow
