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Aviva plc Receives Approaches For Sale Of US Life Unit-Reuters


Monday, 30 Jul 2012 01:20am EDT 

Reuters reported that according to the Sunday Telegraph, Aviva plc has received a number of unsolicited approaches from financial and private equity buyers for a U.S. unit estimated to be worth some GBP1 billion ($1.57 billion). Aviva plc is seeking to sell or close more than a quarter of its businesses as part of a turnaround drive aimed at regaining the support of investors irked by a flagging share price. 

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