Aviva Plc Sells Stake in Dutch Insurer, Plots New Course
July 30, 2012 by Maria Wood
By Maria Wood
July 6, 2012 •
Aviva Plc reaped £318 million in the sale of 37 million shares of Dutch insurer Delta Lloyd. The deal, announced today, reduces Aviva’s stake in the company from 41% to below 20%.
Priced at £10.75 per share, the private sale was made to qualified institutional investors, according to a release from U.K.-based Aviva. Click here to read more…