British composite insurer Aviva has agreed to sell its 39 percent stake in Italian life insurer Eurovita Assicurazioni to US private equity firm JC Flowers for EUR33mn ($43mn) in cash, it announced today (18 November).
British composite insurer Aviva has agreed to sell its 39 percent stake in Italian life insurer Eurovita Assicurazioni to US private equity firm JC Flowers for EUR33mn ($43mn) in cash, it announced today (18 November).