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Aviva lines up takeover

Western Mail

|

June 18, 2025

INSURER Aviva has said its £3.7bn takeover of Direct Line is set to complete next month after “constructive” talks with the competition watchdog.

The Competition and Markets Authority (CMA) is not due to report back on its so-called phase one investigation on the takeover until July 10, but Aviva said it was “confident” of receiving the all-clear for the deal.

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