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Latest AvivaSA News
May 7, 2021
| Insurance Business The sale of Aviva Plc’s entire 40% shareholding in AvivaSA Emeklilik ve Hayat AS (AvivaSA) has now been finalised. The British insurance giant’s stake in the Turkish life insurance and pensions joint venture was snapped up by Ageas Insurance International NV for £122 million in cash. The total consideration included a £3 million dividend from AvivaSA. Joint venture partner Sabancı Holding, meanwhile, retains its 40% shareholding. The transaction in Turkey was part of Aviva’s offloading of its non-core businesses, such as those in Italy and Poland, as the group focusses on its operations in the UK, Ireland, and Canada. Related stories:
AvivaSA Frequently Asked Questions (FAQ)
When was AvivaSA founded?
AvivaSA was founded in 2007.
Where is AvivaSA's headquarters?
AvivaSA's headquarters is located at Saray Mah. Dr. Adnan Büyükdeniz Cad, Istanbul.
What is AvivaSA's latest funding round?
AvivaSA's latest funding round is Corporate Minority.
Who are the investors of AvivaSA?
Investors of AvivaSA include Ageas.
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