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UK Watchdog Clears £3.7 Billion Aviva-Direct Line Deal

Summary by RTÉ
The UK competition watchdog has today cleared Aviva's £3.7 billion takeover of smaller rival Direct Line, paving the way for the creation of Britain's largest home and motor insurer.

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Aviva hands out £500 of free shares to staff after Direct Line takeover

The group said about 32,000 workers at Aviva and newly acquired Direct Line will receive the shares bonus in September.

·London, United Kingdom
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insurance-edge.net broke the news in on Monday, June 30, 2025.
Sources are mostly out of (0)