Aviva sells Taiwan life JV stake for $1
UK-headquartered insurance group Aviva has exited the Taiwanese market with the sale of its 49% stake in First-Aviva Life.
Aviva’s partner in Taiwan, First Financial, has acquired the stake for $1. First Financial will look to invest in the Taipei-based business to grow its 60,000 customers.
Aviva entered Taiwan in 2007
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