SAFE Investment Company Had Boosted Ownership in Aviva

Posted on 01/07/2015

In December, UK insurer Aviva PLC finalized a £5.6 billion (US$ 8.8 billion) deal to acquire insurer Friends Life Group Ltd. The deal is creating the largest insurance and asset management company in the UK. Justifying the move, Aviva executives see savings in integrating operations and reducing corporate costs across both firms. Some money managers […]

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