Aviva announced today it has received the requisite 90% of acceptances from RAC shareholders...
Aviva announced today it has received the requisite 90% of acceptances from RAC shareholders to guarantee the deal will go through.
The insurer will now invoke section 429 of the Companies Act 1985 to compulsorily acquire the remaining 10% of RAC shares.
The company has also made applications to the UK Listing Authority for cancellation of the listing of RAC Shares on the Official List and to the London Stock Exchange for the cancellation of the trading of RAC shares.
Aviva said it expected the cancellations to take effect on 22 June.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
