Aviva buys US insurer Amerus

Norwich Union owner Aviva today said it is buying US life insurer AmerUs for $2.9bn (€2.3bn) in a deal that will boost the UK firm’s presence in the US.

Aviva buys US insurer Amerus
Thu, 13 Jul, 2006 - 09:27

Norwich Union owner Aviva today said it is buying US life insurer AmerUs for $2.9bn (€2.3bn) in a deal that will boost the UK firm’s presence in the US.

Aviva said it is to raise £900m (€1.3bn) from a share placing which will account for about 45% of the total price.

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CourtsBusinessHeathrowPlace: USPlace: UKPlace: IowaPlace: EuropePlace: New YorkPerson: Tom GodlaskyPerson: Richard HarveyPerson: GodlaskyOrganisation: AvivaOrganisation: AmerUsOrganisation: Norwich UnionOrganisation: Aviva USAOrganisation: CGUOrganisation: Commercial UnionOrganisation: General AccidentOrganisation: Aviva Life Insurance Company
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