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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 |
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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