Home Financial News Aviva aims to raise €1.6 billion

Aviva aims to raise €1.6 billion

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Aviva, Britain’s second-biggest insurer, aims to raise about 1 billion euros to 1.6 billion euros, in the listing of its Dutch unit Delta Lloyd, two people close to the matter said.

Aviva, is offering 30 to 40 percent of Delta Lloyd, the sources said, and has started meeting investors on Monday.

A price range will be determined when the bookbuilding process starts in the week of Oct. 19, the sources said.

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