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Aviva UniCredit Expect Non-binding Bids For Insurance JV Next Week

2021-01-14T21:44:12Z

TMZCathleen: Created page with " MILAN/LONDON, Dec 17 (Reuters) - Aviva and UniCredit expect non-binding bids for their insurance joint-venture next week as the British insurer moves to divest its Italian..."

MILAN/LONDON, Dec 17 (Reuters) - Aviva and UniCredit expect non-binding bids for their insurance joint-venture next week as the British insurer moves to divest its Italian operations, three people close to the matter said. UniCredit plans to sell its 49% stake in the joint-venture along with Aviva, the people said. A fourth source familiar with the matter said the joint-venture could be worth around 600 million euros. Aviva will also receive non binding bids for its remaining Italian businesses, comprising fully-owned life insurer Aviva Life and general insurer Aviva Italia. Aviva last month agreed to sell its stake in Italian life insurer Aviva Vita to joint venture partner UBI Banca for [http://quantum-soft.net/go.php?url=https://postheaven.net/cobwebsteven91/taming-the-paper-tiger-at-home quantum-soft.net] 400 million euros in cash. "The remaining business of Aviva is not for industrials, it will be contended by private equity," one of the sources said. UBI is now part of the Intesa Sanpaolo group. In reply to a request for comment, Aviva said it was exploring options across its "manage-for-value" portfolio, including France, Poland, the remainder of Italy and its joint ventures. Chief Executive Amanda Blanc is looking to exit non-core operations in Asia and mainland Europe after a prolonged period of share price weakness irked investors Earlier this week the British insurer agreed to sell its Vietnamese business to Canada's ManuLife Financial. (Reporting by Valentina Za and Stephen Jewkes in Milan, Carolyn Cohn in London; Editing by Kirsten Donovan)

Vietnam Vacations Memorable Experience

2021-01-14T05:27:22Z

TMZCathleen: Created page with " Vietnam is a beautiful city blessed with munificent natural beauty of mountains, coastline etc.It is a city which has risen from ruins, survived the world wars and made it..."

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User:TMZCathleen

2021-01-14T05:27:18Z

TMZCathleen: Created page with "Travel operators generally offer standard packages for [https://neuroclinic.kz/bitrix/rk.php?goto=https://www.instapaper.com/p/minutecloud3 neuroclinic.kz] destinations. Trave..."

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