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(Bloomberg) Aviva Plc agreed to sell its French business for 3.2 billion euros ($3.9 billion), the largest deal so far in Chief Executive Officer Amanda Blanc’s push to streamline the U.K. insurer.The unit was sold to French mutual insurer Aema Groupe, which was recently created through the merger of Aesio and Macif, according to a statement from Aviva Tuesday. The cash sale is a key deal among about 6 billion euros of divestments Aviva has been pursuing.Late on Tuesday the U.K. insurer separately agreed on the sale of a 40% stake in Turkish-listed life insurance and pension company AvivaSA Emeklilik to Ageas for 122 million pounds ($172 million).“The sale of Aviva France is a very significant milestone in the delivery of our strategy,” Blanc said in the statement. “The transaction will increase Aviva’s financial strength, remove significant volatility and bring real focus to the group.”Blanc, who took the helm in July last year, has wasted n

France generalRepublic ofCity ofUnited kingdomAmanda blancBloomberg aviva plcChief executive officer amanda blancAema groupeAviva franceBlomberg newsAviva plcFrench businessபிரான்ஸ் ஜநரல்குடியரசு ஆஃப்நகரம் ஆஃப்ஒன்றுபட்டது கிஂக்டம்