Aviva Group has agreed to acquire Direct Line Insurance Group Plc for approximately 3.7 billion British Pounds (4.65 billion US Dollars). This Trade will create the largest car insurance company in the United Kingdom. According to a statement on Monday, each Direct Line Shareholder will be entitled to receive 0.2867 shares of new Aviva stock, 129.7 pence in cash, and up to 5 pence in dividends. This Trade will raise the value of each Direct Line stock to 275 pence. Bloomberg News first reported the acquisition intention at the end of last month.
英杰华同意以37亿英镑收购保险商Direct Line 将缔造英国最大车险公司
Aviva agrees to acquire the insurer Direct Line for 3.7 billion British Pounds, which will create the largest car insurance company in the United Kingdom.
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