UK watchdog launches investigation into Aviva’s £3.7bn takeover of Direct Line
CMA has up to 40 working days to evaluate agreement’s possible impact on competition in insurance sectorBusiness live – latest updatesThe competition watchdog has launched an investigation into Aviva’s multibillion-pound takeover of the rival insurer Direct Line.The £3.7bn deal, which was agreed last year, will combine the insurance operations of both companies, in a move that is expected to create one of the biggest car insurers in the country. Continue reading...
CMA has up to 40 working days to evaluate agreement’s possible impact on competition in insurance sector
The competition watchdog has launched an investigation into Aviva’s multibillion-pound takeover of the rival insurer Direct Line.
The £3.7bn deal, which was agreed last year, will combine the insurance operations of both companies, in a move that is expected to create one of the biggest car insurers in the country. Continue reading...
