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Aviva exits Turkey following sale of stake in AvivaSA Emeklilik ve Hayat

StockMarketWire.com

Insurance company Aviva said it had completed the sale of its entire 40% stake in the Turkish life insurance and pensions joint venture, AvivaSA Emeklilik ve Hayat AS to Ageas Insurance International NV.

Aviva received £122 million in cash for the sale, which included a £3 million dividend from AvivaSA received in March 2021.

The sale was first announced on 24 February 2021.









Story provided by StockMarketWire.com