Aviva sells stake in Singapore joint venture for £800mn

Aviva is to exit its joint venture in Singapore, selling its 25.9 percent stake in Singapore Life Holdings and two debt instruments to Sumitomo Life for a combined £800mn ($1bn), the latest in a series of overseas disposals aimed at streamlining the insurer.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Spencer Halladey

Commercial director

+44 (0) 7540 000929

spencer.halladey@wbmediagroup.com

    Andy Stone

    Sales manager

    +44 (0) 77 4160 9204

    andy.stone@wbmediagroup.com