Shareholders of Direct Line Group have given overwhelming backing to the Aviva takeover by voting in favour of the proposal at its annual basic assembly.
On the AGM, held on 10 March, greater than 93% of voting shareholders signed off on the deal. By weight of shares held, the determine was even larger at over 99%, with simply 0.16% disagreeing with the deal.
RelatedDirect Line accepts Aviva’s £3.7bn takeover provide
The board of DLG accepted Aviva’s £3.7bn provide in December and advisable shareholders endorse it.
With the hurdle now cleared, the sale awaits regulatory approval.
Aviva detailed in its annual outcomes on the finish of February that the deal is
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