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 ...
Versey took over as CEO of the investment arm of the UK-listed insurer from Euan Munro in January 2021. He joined Aviva Investors in 2014, becoming CIO for the firm’s £47bn private markets division – ...
Aviva and Direct Line reached a preliminary agreement in early December. Aviva had until Christmas Day to make a formal offer or walk away under UK takeover rules. Direct Line, under CEO Adam Winslow ...
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 ...