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AV. Aviva Plc

459.70
2.50 (0.55%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Aviva Plc LSE:AV. London Ordinary Share GB00BPQY8M80 ORD 32 17/19P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.50 0.55% 459.70 459.50 459.70 460.20 453.10 455.00 5,854,389 16:35:28
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Insurance Carriers, Nec 41.43B 1.09B 0.3962 11.60 12.59B

Aviva, Hillhouse, Tencent to Launch in Hong Kong Joint Venture

20/01/2017 9:52am

Dow Jones News


Aviva (LSE:AV.)
Historical Stock Chart


From Apr 2019 to Apr 2024

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By RazaK Musah Baba

 

LONDON--Insurer Aviva PLC (AV.LN), together with Hillhouse Capital and Tencent Holdings Ltd., have agreed to develop an insurance company in Hong Kong to focus on digital insurance.

Aviva said Friday that as part of the agreement, Hillhouse and Tencent will acquire shares in Aviva Life Insurance Company Ltd. (Aviva Hong Kong). Aviva and investment management firm Hillhouse will each hold a 40% stake and Tencent 20%.

At 0830 GMT, Aviva shares were up 2 pence, or 0.4%, at 478 pence, valuing the company at 19.41 billion pounds ($24 billion).

 

-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet

 

(END) Dow Jones Newswires

January 20, 2017 04:37 ET (09:37 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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