Aviva PLC

AV.: XLON (GBR)
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Direct Line: It's Official, Aviva Makes Offer for Direct Line; We Also Recommend to Shareholders

Following the story of a potential acquisition of Direct Line, Aviva has officially announced a cash and share offer that consists of 0.2867 new Aviva shares, GBX 129.7 in cash per Direct Line share, GBX 5 in the form of a dividend to be paid to Direct Line shareholders.

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