AV
Coverage of Aviva.
Portfolio changes 18/03/25
Portfolio changes 03/02/25
Aviva's acquisition of Direct Line Group
If realised, the considerable cost and capital synergies from this transaction could contribute towards an IRR in excess of 20%.
Company Updates - AV
Aviva has acquired Probitas for £242m, granting it access to the Lloyd's market for the first time in over 20 years; and posted a strong set of results for 2023.
Firm Returns Weekly - Aviva to acquire Optiom, David Zaslav interview, Arkham trilogy switch release
Aviva to acquire Optiom
On Monday (27 Nov), Aviva announced the acquisition of Optiom O2 Holdings Inc - a leading provider of vehicle replacement insurance in Canada - for total consideration of c.£100m (c.CAD$170m).
This should bolster Aviva's existing Canadian operations, and move them closer
Firm Returns Weekly - tinyBuild (TBLD), Warner Bros Discovery (WBD), Aviva (AV), and Fuller, Smith & Turner (FSTA)
tinyBuild
Broken Roads release delay
Broken roads was scheduled to release on 14 November, but on the 8th they announced it would be delayed until early next year.
There was still some confusion because they forgot to change the release date on Steam, which resulted in the game appearing in
Firm Returns Weekly - AV, TMI, WBD
Aviva
Takeover rumours
Aviva has been subject to some takeover rumours that sent the share price up to over 420p earlier this month (the shares have since come back down to below 400p).
The following excerpt from a Shares Magazine article lists some of the companies said to be considering
Firm Returns Weekly - AV, WBD, TMI, TBLD
Aviva
Aviva is acquiring AIG's UK protection business for total consideration of £460m, in line with their strategy of pursuing capital light growth.
AIG's UK protection business had 1.3m individual protection customers and 1.4m group protection customers as of 31 December 2022.
Aviva to
Firm Returns Weekly - WBD, TBLD, AV
Warner Bros. Discovery
Webcasts
There are a couple of new webcast recordings available on the WBD website, with commentary from both David Zaslav (CEO) and Gunnar Weidenfels (CFO).
Warner Bros. Discovery - Events & PresentationsWarner Bros. Discovery, Inc. Logo
The Nun II
The Nun II made $32.6m in its