Last checked at 5 Jan 2024 16:42
5 January 2024
Aviva completes acquisition of Optiom
Aviva plc ("Aviva") today announces that its Canadian business has completed the acquisition of Optiom O2 Holdings Inc ("Optiom") for consideration of c.£100m1 (c.CAD$170m). The acquisition supports Aviva's capital-light growth in the attractive Canadian market and strengthens Aviva Canada's specialty lines business and distribution capabilities.
The acquisition of Optiom was announced on 27 November 2023.
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Notes to editors:
1. Based on GBP/CAD spot rate of 1.69 as at 3 January 2024.
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