LONDON (Reuters) -British insurer Aviva could cut up to 2,300 jobs as it takes over smaller rival Direct Line in a 3.7 billion pound ($4.65 billion) cash-and-stock deal, the companies said on ...
The takeover represents Aviva CEO Amanda Blanc's biggest acquisition to date, as she tries to expand in the company's core markets of Britain, Canada and Ireland after selling a series of overseas ...
Aviva had until Christmas Day to make a formal offer or walk away under UK takeover rules. Direct Line, under CEO Adam Winslow who joined the company from Aviva in March, has made efforts to ...
Aviva's chief executive Amanda Blanc hailed the ... The board of Direct Line has expressed their satisfaction with the performance of CEO Adam Winslow, who joined the struggling insurance firm ...