AP News

UK insurer Aviva sells US unit to Athene Holding


LONDON (AP) — British insurer Aviva PLC is selling its U.S. unit to Bermuda-based Athene Holding Ltd. for $1.8 billion.

Aviva said Friday that it would net $1.55 billion after paying off debts from the sale of Aviva USA Corp.

Aviva shares were up 0.6 percent at 386.3 pence in midmorning trading in London.


Hollywood Goes YouTube
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus