The deal is $800m (£492m) higher than announced on December 21 2012 due to an increase in estimated earnings between June 2012 and September this year.
Mark Wilson, group chief executive officer, said the deal was “a solid outcome” and he added that “it simplifies the business, strengthens the capital position and is a step towards our goal of creating a business focused on cash flow and growth.”
Aviva earlier this year also undertook a big shake-up in the senior management team, including the stepping down of high profile industry figure Trevor Matthews as head of Aviva’s developed markets business.To read more click here.
