Aviva to Sell U.S. Life Unit at Substantial Discount, CFO Says
The sale would be at a substantial discount to the units book value of $3.8 billion at the end of June.
November 8, 2012
(Bloomberg) -- Aviva Plc, the U.K.’s second-biggest insurer by market value, said it’s in talks to sell its U.S. life unit in what would be the biggest disposal since Chairman John McFarlane took charge in May.
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