Aviva shareholders in line for big payouts27 Mar 2021 06:20
Aviva said its shareholders are in line for a 'substantial' payout as the group finally completed its exit from non-core EU countries with the sale of its Polish business.
Under the leadership of Amanda Blanc, the insurance and pensions giant has been offloading its Asian and European businesses to focus on its core markets in the UK, Ireland and Canada.
Today, the group said it had sold its Aviva Poland business to Alianz for €2.5billion (£2.14billion), completing a programme of divestment that had started less than a year ago, raking in a total £7.5billion for the group.