Aviva completes exit from Turkey

Παρασκευή, 07 Μαΐου 2021 14:55

Aviva plc (“Aviva”) 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 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.

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