PLUS1
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Aviva Plc | LSE:AV. | London | Ordinary Share | GB0002162385 | ORD 25P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -10.90 | -2.92% | 361.90 | 360.80 | 361.20 | 370.00 | 360.80 | 364.50 | 21,677,819 | 16:35:18 |
| Industry Sector | Turnover (m) | Profit (m) | EPS - Basic | PE Ratio | Market Cap (m) |
|---|---|---|---|---|---|
| Life Insurance | 31,243.0 | 3,933.0 | 63.8 | 5.7 | 14,218 |
Aviva to Sell French Business for $3.89 Billion
23/02/2021 7:49am
Dow Jones News
Aviva (LSE:AV.)
Historical Stock Chart
From Jan 2021 to Feb 2021
By Matteo Castia
Aviva PLC said Tuesday that it is selling its French business to mutual insurer Aema Groupe for 3.2 billion euros ($3.89 billion) in cash.
The FTSE 100 listed insurer said the deal is expected to be completed by the end of this year.
The company said the deal will significantly strengthen its liquidity position and realize considerable value for shareholders.
Aviva said it will use the proceeds to support its debt-reduction plan, investment for long-term growth, return of excess capital to shareholders, and to accelerate the repayment of some of the its internal loan with Aviva Insurance Ltd.
Write to Matteo Castia at matteo.castia@dowjones.com
(END) Dow Jones Newswires
February 23, 2021 02:34 ET (07:34 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
1 Year Aviva Chart |
1 Month Aviva Chart |
