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Aviva simplifies Italian life joint ventures

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Aviva has reached an agreement with UBI Banca and Unicredit to restructure its life joint ventures in Italy.

Aviva currently has two joint ventures with UBI Banca: one owned 50% by Aviva, and one owned 50% by Aviva S.p.A, itself a joint venture between UniCredit and Aviva. In addition, Aviva S.p.A. owns

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