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Pin to quick picksAviva Share News (AV.)

Share Price Information for Aviva (AV.)

London Stock Exchange
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Share Price: 472.00
Bid: 472.10
Ask: 472.30
Change: 3.60 (0.77%)
Spread: 0.20 (0.042%)
Open: 470.00
High: 474.50
Low: 468.60
Prev. Close: 468.40
AV. Live PriceLast checked at -

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Aviva completes exit from Turkey with GBP122 million sale to Ageas

Thu, 06th May 2021 08:50

(Alliance News) - Aviva PLC said Thursday that it has completed the sale of its entire 40% stake in the Turkish life insurance and pensions joint venture, AvivaSA Emeklilik ve Hayat AS, to Ageas Insurance International NV.

The London-based insurer said it received GBP 122 million in cash, including a GBP3 million dividend from AvivaSA in March.

Aviva has been selling non-core operations to focus on the UK, Ireland and Canada as part of a strategy put in place by Amanda Blanc, who became chief executive in July of last year.

Aviva shares were trading up 0.8% at 406.90 pence in London early Thursday.

By Will Paige; willpaige@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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