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Aviva to acquire Direct Line for £3.7 billion

PRIVATEMar 12, 2025

Acquiring Company

Aviva

Acquired Company

Direct Line Group

HampshireFinancial ServicesLendingTravelMarketplaceEmployee BenefitsAutomotiveFleet ManagementInsurance

Description

Aviva has agreed to acquire Direct Line in a major £3.7 billion takeover. The deal will see Aviva take control of the Churchill and Green Flag brands, enhancing its position in the motor insurance sector. This acquisition is aimed at creating a significant market presence, covering more than a fifth of the total market. CEO Adam Winslow has emphasized the importance of this move for the company's future.

Quick answer

Aviva is acquiring Direct Line Group for $4.8 billion, announced March 11, 2025.

How much did Aviva pay for Direct Line Group?
The reported deal value is $4.8 billion.
Where are Aviva and Direct Line Group based?
Direct Line Group is based in Hampshire, England, United Kingdom.
Who are the decision-makers at Aviva?
Fundz holds 4 contacts at Aviva. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Financial Services and Lending

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Aviva

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Frequently asked

Who acquired Direct Line Group?

Direct Line Group was acquired by Aviva. The deal was reported on March 12, 2025. Aviva is privately held and operates in Financial Services.

When did Aviva acquire Direct Line Group?

Aviva's acquisition of Direct Line Group was reported on March 12, 2025. Aviva has agreed to acquire Direct Line in a major £3.7 billion takeover. The deal will see Aviva take control of the Churchill and Green Flag brands, enhancing its position in the motor insurance sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Direct Line Group do?

Direct Line Group is a leading insurance company in the UK with recognizable brands in the retail and commercial market. It is privately held, operating in Travel, and is based in Hampshire.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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