07:13, Graeme Evans
Aviva has truly gotten to contract over the ₤ 3.7 billion requisition of opponent Direct Line.
The provide worths every Direct Line share at 275p, a 73% prices to its charge previous to proposal charge of curiosity got here to be understood on the finish of November.
Aviva president Amanda Blanc said: “The purchase of Direct Line by Aviva will certainly combine a variety of the UK’s leading brand names in an extra reliable organization, which is effectively placed to produce solid returns for all investors.”
07:05 , Graeme Evans
The FTSE 100 index is ready for a steadier efficiency after Friday’s closing degree of 8084 represented the highest flight’s worst week in a yr.
Futures buying and selling factors to an increase of two factors in the beginning of a holiday-shortened week.
Sentiment suffered final week after the Federal Reserve signalled a slower tempo of rate of interest cuts in 2025.
Wall Street recovered in Friday’s session, with the Dow Jones Industrial Average up 1.2% and the S&P 500 index 1.1% larger.
The further pound stood at $1.257 immediately
