Insurance Post

Aviva raises £452m with disposal

Simon Machell Aviva
Simon Machell, Chief Executive Officer, Asia Pacific, Aviva

Aviva boss Machell claims deal will allow it to focus efforts in India and China

Aviva is to sell Australian life business and wealth management platform to National Australia Bank, for A$925m (£452 million). The UK insurance giant said total cash proceeds represent 16 times 2008

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