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FCA and PRA greenlight Aviva’s Direct Line takeover

Aviva
By Raysonho @ Open Grid Scheduler / Grid Engine - https://shorturl.at/TiVxx

The Financial Conduct Authority and the Prudential Regulation Authority have both given the go ahead for Aviva’s £3.7bn acquisition of Direct Line Group.

In a statement released this morning (17 June), Aviva and DLG stated: “The FCA and the PRA have each given written notice to Aviva approving the acquisition of control in respect of a UK authorised

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