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BRIEF-Aviva sells 49 pct stake in Malaysian JV to Sun Life
LONDON |
LONDON Jan 17 (Reuters) - Aviva PLC : * Aviva announces sale of malaysian joint venture * Reached agreement to sell its 49% interest in cimb Aviva assurance berhad and
cimb Aviva takaful berhad * A consideration of £152 million 1 payable in cash * Transaction will increase aviva's pro forma economic capital surplus coverage
ratio by approximately 2% to 171% * Parties will work to close the proposed transaction during the first half
2013. * To sell stake to Sun Life assurance company of Canada ("sla"), a subsidiary
of Sun Life Financial Inc
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