RE: A lot more upbeat…!6 Oct 2023 14:21
No disrespect to your good self but have another good read….I Copy & Pasted it…
-Pasted- “Allianz increased its position in the UK non-life market in recent years, through the acquisition of LV non-life insurance, and is a leading UK non-life insurer. It is now the 2nd largest non-life insurer in the UK after Aviva; hence buying Aviva would give it a really quite substantial market share in the UK non-life market. However, its increased exposure to UK motor has been challenging for profitability,” add analysts.
In addition, analysts feel that Allianz, Tryg, and Intact are unlikely to be interested in the UK life market, which is a key driver of Aviva’s profits.
“Any takeover could, therefore, be complicated and would require any acquirer to potentially dispose of the UK life operations, which would be a very large acquisition for any life insurer consolidator to consider – in our view,” conclude analysts. -End-
Q: Who are the analysts…
A: “Analysts at J.P. Morgan have responded to the claims”. Again Copy & Pasted..
Again, Again.. With respect, We have to make our own mind up what is speculation, pump and dump, unstimulated traders..etc…
If to your good self, it does no “feel right” cash in on the rumour or go along for the ride…
It’s difficult if you have so many shares in a company and they suddenly move 30% but thats what makes trading so exciting, for me anyway….Just look at DEC in the last few days.
Best of luck which ever you choose…