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AV. Aviva Plc

458.50
-6.90 (-1.48%)
25 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
  -6.90 -1.48% 458.50 458.30 458.50 465.80 456.90 465.40 14,540,412 16:35:19
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Insurance Carriers, Nec 41.43B 1.09B 0.3962 11.57 12.55B

Aviva Investors Pulls Planned Float of Real Estate Investment Trust

13/12/2017 9:56am

Dow Jones News


Aviva (LSE:AV.)
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By Adam Clark

 

Aviva PLC (AV.LN) said Wednesday that its investment unit has decided to abandon the planned initial public offering of a new real estate investment trust.

Aviva Investors Secure Income REIT said it has made the decision not to proceed with an initial public offering due to insufficient demand, but added it will consider the possibility of a float at a later date.

In November, the company said it intended to raise 200 million pounds ($267 million) to invest in commercial real-estate assets in the U.K.

 

Write to Adam Clark at adam.clark@dowjones.com; @AdamDowJones

 

(END) Dow Jones Newswires

December 13, 2017 04:41 ET (09:41 GMT)

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

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