aviva plc (AIVAF) Key Developments
Aviva plc Announces Executive Changes
Dec 8 14
subject to regulatory approval and successful completion of the acquisition, Andy Briggs will join the board of Aviva plc as an Executive Director and Chief Executive Officer of Aviva's UK & Ireland Life business, and that Sir Malcolm Williamson will become the Senior Independent Director of Aviva plc. Andy Briggs is currently a Director and the Group Chief Executive of Friends Life Group Limited, having been appointed in March 2013. Sir Malcolm Williamson is currently a Director and Chairman of Friends Life Group Limited, having been appointed in March 2013. Sir Malcolm was also Chairman of Signet Jewelers Limited from 2 September 2008 to 15 June 2012. The proposed appointments are expected to become effective by the second quarter of 2015 subject to shareholder and regulatory approval of the conditions of the proposed acquisition and regulatory approval of these appointments.
Aviva PLC Proposes Final Dividend for the Year 2014
Dec 2 14
Aviva PLC announced that the Directors propose to pay a 2014 final dividend of 12.25 pence per share, representing a 30% increase on the 2013 final dividend per share, and resulting in a 2014 full year dividend of 18.1 pence per share.
Aviva plc, Friends Life Group Limited - M&A Call
Dec 2 14
To update on acquisition of Friends Life by Aviva
Aviva to Close its US Hedge Funds Unit by the End of 2014
Nov 26 14
Aviva is reportedly planning to wind down its $2 billion US hedge funds unit that is responsible for investing in external hedge funds by the end of this year 2014. The closure of the unit intends to result in fewer than a dozen job cuts. The shut down is part of the firm's plans to scale back operations in the US.
Insurers Reportedly Eyes HALKB
Nov 12 14
Ageas (UK) Limited, Aviva plc (LSE:AV.), Zurich Insurance Co. (UK ) Ltd., Nippon Life Insurance Company, Sompo Japan Insurance Inc, Khazanah Nasional Berhad and ACE Limited (NYSE:ACE) are interesting to acquire stake in Turkiye Halk Bankasi A.S. (IBSE:HALKB), three sources close to the process said. "Talks were carried out with around 20 interested buyers. They will decide whether to participate in the sale process once the privatization document is out," one of the sources said, speaking on condition of anonymity as the matter is not public. "Five of them are in the process of hiring an adviser already," the source told Reuters. Citi is advising Halkbank on the sale. Ageas, Aviva, Meiji Yasuda, Nippon Life, Sompo Japan, Zurich and Turkey's privatization office all declined to comment. ACE and Khazanah were not immediately available to comment.