Announced
Completed
Financials
Tags
Acquisition
Single Bidder
France
Friendly
Majority
Domestic
Private
insurance products
Full Line Insurance
Completed
Synopsis
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.
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