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Announced

Aviva to acquire Probitas for £242m.

Synopsis

Aviva, a British multinational insurance company headquartered in London, agreed to acquire Probitas, an underwriting syndicate, for £242m. "This acquisition is another step in our strategy to invest in Aviva's future profitable growth. Aviva's presence in the Lloyd's market opens up new opportunities to accelerate growth in our capital-light General Insurance business," Amanda Blanc, Aviva CEO.

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