Aviva sale of US life assurance business could raise £1bn
Aviva group chief executive Andrew Moss has allegedly revealed that the firm may consider offers worth around £1bn for its US life assurance business, according to reports in the FT.
The admission, which apparently came at a recent meeting attended by a group of investment managers, comes six years after Aviva acquired the business - including debt - for around £2bn.
It is
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