Aviva acquires remaining 26% stake in India joint venture
after close1 source ↓written by the desknot a recommendation
- in Aviva Life
- 26% stake
- Aviva's ownership
- 100%
Aviva has signed an agreement to purchase the remaining 26% stake in Aviva Life Insurance Company India from Dabur Invest Corp. This acquisition will increase Aviva's ownership to 100%, allowing full control over its strategic direction. The deal follows recent regulatory changes permitting foreign insurers to hold complete stakes in local firms.
Not investment advice. For informational purposes only.