Seeking Alpha

Aviva gets extra $800M in sale of U.S. operations

  • Aviva (AV) has received $2.6B from the sale of its U.S. life and annuities business to Apollo Global's (APO) Athene Holding, above the $1.8B price that was originally announced.
  • The extra $800M represents estimated earnings and other factors in calendar Q2. Aviva's cash proceeds from the deal totaled $2.3B. (PR)
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