Allianz completes the acquisition of Aviva plc Italian General Insurance business for €330 million
(PRESS RELEASE) LONDON, 1-Oct-2021 — /EuropaWire/ — Aviva plc (LON: AV), a British multinational insurance company, has announced that Allianz SE (ETR: ALV), a German multinational financial services company, has completed the acquisition of Aviva’s Italian General Insurance business for £284 million¹ (€330 million) in cash consideration. The transaction was announced on 4 March 2021.
Notes:
1.Using FX spot rate of £1/€1.16
-ENDS-
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SOURCE: Aviva
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