Aviva to buy Friends Life in £5.2bn deal

Insurance giant Aviva is to buy rival Friends Life in a deal worth £5.2bn.

Aviva to buy Friends Life in £5.2bn deal
Tue, 02 Dec, 2014 - 08:03

Insurance giant Aviva is to buy rival Friends Life in a deal worth £5.2bn.

The two companies confirmed details of the merger a week after disclosing that they were in advanced talks about creating the UK's leading insurance, savings and asset management business by number of customers.

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CourtsBusinessHeathrowPlace: UKPlace: LondonPlace: ManchesterPlace: BristolPlace: SalisburyPlace: YorkPlace: NorwichPlace: SheffieldPlace: GlasgowPlace: YorkshirePerson: Mark WilsonPerson: WilsonOrganisation: AvivaOrganisation: Friends LifeOrganisation: Friends ProvidentOrganisation: Axa UK LifeOrganisation: Bupa Health AssuranceOrganisation: Friends Life GroupOrganisation: Sun Life Assurance Society
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