Aviva Warned U K Government on Building Safety Hit to Investors bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(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
Feb 24 2021, 1:08 PM
February 23 2021, 12:52 PM
February 24 2021, 1:08 PM
(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 Blancâs push to streamline the U.K. insurer.
(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 Blancâs 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.
Aviva Sells French Arm for $3 9 Billion in Key Deal for CEO msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.