Insurance Post

Athene acquires Aviva USA for £1.7bn

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Aviva has completed the sale of its US life and annuities business Aviva USA to Athene Holding.

The transaction proceeds are $2.6bn (£1.7bn) and are subject to customary completion adjustments.

The proceeds are $800m ($1.3bn) higher than announced on 21 December 2012, and represent estimated

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