Aviva PLC: Completion of sale of Malaysian joint venture

Aviva PLC: Completion of sale of Malaysian joint venture 
LONDON -- (Marketwired) -- 04/12/13 --  *T 
12 April 2013 
Completion of sale of stake in Malaysian joint venture 
Aviva plc ("Aviva") announces the completion of the sale of its 49%
interest in CIMB Aviva Assurance Berhad and CIMB Aviva Takaful Berhad
(together "CIMB-Aviva") to Sun Life Assurance Company of Canada
("SLA"), a subsidiary of Sun Life Financial Inc. ("Sun Life"), for
GBP152 million. The completion of the transaction represents further
progress in the group's strategy to narrow its focus and concentrate on
businesses and markets where Aviva enjoys leadership positions and is
able to generate attractive returns with a high probability of success.
Enquiries: 
Media 
Andrew Reid                         +44 (0)20 7662 3131
Sarah Swailes                       +44 (0)7800 694859
Notes to editors: 
*  Aviva provides 43 million customers with insurance, savings and 
investment products. 
*  We are the UK's largest insurer and one of Europe's leading 
providers of life and general insurance. 
*  We combine strong life insurance, general insurance and asset 
management businesses under one powerful brand. 
*  We are committed to serving our customers well in order to build a 
stronger, sustainable business, which makes a positive 
contribution to society, and for which our people are proud to 
work. 
*  The Aviva media centre at www.aviva.com/mediaincludes images, 
company and product information and a news release archive. 
*  For broadcast-standard video, please visit 
http://www.aviva.com/media/video/. 
*  Follow us on twitter: www.twitter.com/avivaplc 
This information is provided by RNS 
The company news service from the London Stock Exchange 
END 


 
 
 
Contacts:
RNS
Customer Services
0044-207797-4400
rns@londonstockexchange.com
http://www.rns.com


 
Press spacebar to pause and continue. Press esc to stop.