By Finance Pulse in Transformative —

Aviva Acquires Direct Line with 73% Premium Offer

Aviva offers a 73% premium in acquisition deal for Direct Line shareholders, including cash, shares, and potential dividends. Learn more about this strategic move.

Abstract financial graphs and charts representing a stock market deal, with Aviva and Direct Line logos intertwined, symbolizing merger and acquisition.
Aviva Acquires Direct Line with 73% Premium Offer

Direct Line shareholders will receive 0.2867 new Aviva shares, 129.7 pence in cash, and up to 5 pence in dividend, valuing each Direct Line share at 275 pence, a 73% premium to its closing price on Nov. 27.

Source