MILAN, March 2 (Reuters) - France's CNP Assurances is set to
buy British insurer Aviva's 51% stake in a life insurance
joint venture with Italian bank UniCredit, a source
close to the matter said on Tuesday.
Bloomberg News reported earlier that CNP would pay 385
million euros ($464.85 million) for Aviva's stake in the
partnership.
Aviva has said it is exploring options across its
manage-for-value portfolio, including its Polish operation, its
residual business in Italy after a previous sale and its joint
ventures.
($1 = 0.8282 euros)
(Reporting by Valentina Za in Milan and Carolyn Cohn in London
Editing by David Goodman)
Aviva (AV.)
