Aviva plc (Aviva) has agreed to sell its entire 40 percent shareholding in its joint venture in Turkey, AvivaSA Emeklilik ve Hayat AS (Aviva SA), to Ageas Insurance International N.V. for a cash consideration of GBP122 million. Aviva’s joint venture partner, Sabancı Holding, will retain its 40 percent shareholding. The transaction is expected to increase […]
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