Insurance Post

Last Delta Lloyd shares earn Aviva £350m

Aviva Sentinel House

Aviva has priced its remaining stake in Benelux insurer Delta Lloyd at €12.65 per share, which would amount to gross cash proceeds of £353m.

The disposal consisted of a private placement of 34 288 795 Delta Lloyd ordinary shares to qualified institutional investors.

The insurer confirmed yesterday that it intends to sell the remainder of

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