Aviva completes exit from Turkey
LONDON: Aviva plc (LON: AV) today announced it has completed the sale of its entire 40% shareholding in the Turkish life insurance and pensions joint venture, AvivaSA Emeklilik ve Hayat AS (AvivaSA), to Ageas Insurance International NV.
Aviva plc (LON: AV) received £122 million in cash consideration, which includes a £3 million dividend from AvivaSA received in March 2021. The sale of Aviva’s shareholding in AvivaSA was announced by Aviva on 24 February 2021.
Aviva plc (LON: AV) is a British multinational insurance company headquartered in London, England. It has about 33 million customers across 16 countries. In the United Kingdom, Aviva is the largest general insurer and a leading life and pensions provider.
Aviva plc
LON: AV share price
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6 May, 4:35 pm GMT+1
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