Aviva Completed Sale of 49% Interest in CIMB Aviva Assurance Berhad
OREANDA-NEWS. 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 Ј152 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.
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