Aviva adds to US arm
Insurance giant Aviva has increased its operations in the US after acquiring US firm AmerUs, an insu...
Insurance giant Aviva has increased its operations in the US after acquiring US firm AmerUs, an insurance and annuity provider. Aviva paid $69 (£37) per share, totaling around $2.9bn. It is expected to help Aviva take advantage of the US's large equity-indexed annuity market. According to the Iowa-based AmerUs Group, the firm expects to schedule a special meeting of its shareholders during the fourth quarter to vote on the transaction.
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