RSA's £5bn+ Aviva play 'unlikely to succeed'
RSA's £5bn all-cash offer for Aviva's UK, Irish and Canadian general insurance businesses is a "bold move" but "ultimately unlikely to succeed", according to a number of analysts.
Nonetheless, the Andy Haste-led UK insurer is showing all the signs of preparing for a battle to persuade Aviva to sell its non-life operations.
And there are reports that some of Aviva's shareholders are also encouraging the company to engage in discussions.
This morning (17 August), analysts at Numis Securities added their...
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