Aviva agrees to buy Direct Line in £3.6bn insurance deal

Combined group would control a fifth of UK motor insurance market

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Insurance giant Aviva agrees to buy Direct Line for $4.6 billion

Aviva, the U.K.’s largest insurance company, has agreed to fully-acquire Direct Line for 275 pence per share, or £3.6 billion ($4.6 billion)
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Aviva raises offer to buy Direct Line

FTSE 100 insurer makes second bid for its smaller rival at 261p a share
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