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Analysts approve of Aviva's JV Aseval sale

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Analysts have praised Aviva for continuing to execute its disposal programme by selling its entire stake in Spanish JV Aseval to Bankia.

Aviva had a 50% stake in the business, but yesterday transferred its entire holding to Aseval, subject to regulatory approval, generating £494m in cash.

Panmure Gordon analyst Barrie Cornes said:

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