Aviva sells French business to Aéma Groupe for $3.9 billion
By Reuters Staff 2 Min Read LONDON (Reuters) - Aviva has agreed the sale of its operations in France for 3.2 billion euros ($3.89 billion) to Macif’s Aéma Groupe, as part of the British insurer’s shift to focus on its core operations in Britain, Ireland and Canada. FILE PHOTO: An Aviva logo on the window of the company's head office in the city of London, Britain March 7, 2019. REUTERS/Simon Dawson/File Photo London-based Aviva, led by boss Amanda Blanc, said the sale would increase excess capital by 2.1 billion pounds ($2.95 billion) and cash of around 2.8 billion pounds. Aéma Groupe, ...
Source: reuters.com