Aviva pays £104m for minority stake in insurer
Aviva has exercised its option to buy out the stakes held by the minority shareholders of Société d’Epargne Viagère, a French life insurance company in which Aviva already has an 83.7% equity stake.
SEV is the joint underwriter of AFER life insurance products in France alongside Aviva Vie, a wholly owned subsidiary of Aviva.
Aviva has purchased 16.3% of the total shares in SEV from the minority
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