Macif News

UK’s Aviva to Sell French Business for $3.9 Billion, Continuing Core-Market Strategy

Aviva Plc agreed to sell its French business for 3.2 billion euros ($3.9 billion), the largest deal so far in Chief Executive Officer Amanda Blanc’s push to streamline the UK insurer. The unit was sold to French mutual insurer Aema …

Macif Seen as Favorite to Buy $3.6B Aviva France; Talks to Sell Italian Unit Advance

Aviva Plc, the British insurer, is in advanced talks on a sale of its Italian operations as it pushes ahead with about 6 billion euros ($7.3 billion) of divestments, people with knowledge said. The U.K. company is in negotiations to …