Aviva PLC: Completion of sale of Malaysian joint v

LONDON--(Marketwired - Apr 12, 2013) -

   
  
12 April 2013  
  
     Completion of sale of stake in Malaysian joint venture  
  
Aviva plc ("Aviva") announces the completion of the sale of its 49%  
interest in CIMB Aviva Assurance Berhad and CIMB Aviva Takaful Berhad  
(together "CIMB-Aviva") to Sun Life Assurance Company of Canada  
("SLA"), a subsidiary of Sun Life Financial Inc. ("Sun Life"), for  
GBP152 million. The completion of the transaction represents further  
progress in the group's strategy to narrow its focus and concentrate on  
businesses and markets where Aviva enjoys leadership positions and is  
able to generate attractive returns with a high probability of success.  
Enquiries:  
  
Media  
  
  
Andrew Reid                         +44 (0)20 7662 3131  
Sarah Swailes                       +44 (0)7800 694859  
Notes to editors:  
  
  *  Aviva provides 43 million customers with insurance, savings and  
     investment products.  
  
  *  We are the UK's largest insurer and one of Europe's leading  
     providers of life and general insurance.  
  
  *  We combine strong life insurance, general insurance and asset  
     management businesses under one powerful brand.  
  
  *  We are committed to serving our customers well in order to build a  
     stronger, sustainable business, which makes a positive  
     contribution to society, and for which our people are proud to  
     work.  
  
  *  The Aviva media centre at  www.aviva.com/mediaincludes  images,  
     company and product information and a news release archive.  
  
  *  For broadcast-standard video, please visit  
      http://www.aviva.com/media/video/ .  
  
  *  Follow us on twitter:  www.twitter.com/avivaplc   
  
  
                    This information is provided by RNS  
          The company news service from the London Stock Exchange  
  
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