Athene buys Aviva USA for $1.8 billion
December 24, 2012 by Maria Wood
By Maria Wood
December 21, 2012 •
After months of speculation, Aviva PLC has found a buyer for its U.S. subsidiary. This morning, Athene Holding Ltd., a life insurance holding company that focuses primarily on fixed and equity indexed annuities, has agreed to acquire Aviva USA Corp. for $1.8 billion.
In a statement, John McFarlane, chairman of Aviva PLC, said, “The sale of Aviva USA is an important step forward in the delivery of our strategic plan. Click here to read more…