Proactive Investors – Aviva plc (LON:) has formally completed the £453 million acquisition of AIG (NYSE:) Life Limited’s UK protection business from Corebridge Financial.
The deal was first announced in September, with Aviva touting “significant capital and expense synergies”.
“It strengthens our prospects in the highly attractive UK protection market and continues our progress in repositioning the group towards capital-light growth,” chief executive Amanda Blanc said at the…
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Source: https://uk.investing.com/news/stock-market-news/aviva-completes-453mln-aig-life-acquisition-3423870