.
MergerLinks Header Logo

New Deal


Announced

Completed

Aéma Groupe completed the acquisition of Aviva France from Aviva for €3.2bn.

Financials

Edit Data
Transaction Value£2,766m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Acquisition

Single Bidder

France

Friendly

Majority

Domestic

Private

insurance products

Full Line Insurance

Completed

Synopsis

Edit

Aéma Groupe, a French mutual insurer, completed the acquisition of Aviva France from Aviva, a British multinational insurance company, for €3.2bn ($3.9bn). "The sale of Aviva France is a very significant milestone in the delivery of our strategy. It is an excellent outcome for shareholders, customers, employees and distributors. The transaction will increase Aviva's financial strength, remove significant volatility and bring real focus to the Group," Amanda Blanc, Aviva CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US