News: Aviva PLC (AV_p.L)

AV_p.L on London Stock Exchange

137.75GBp
21 Nov 2014
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Aviva, Friends Life 5.6 bln pound merger plan makes sense -investors

* Deal to boost Friends' shares, may deter dividend hunters

Aviva says will compensate customers sold wrong annuities

LONDON - British insurer Aviva plc said on Saturday it would compensate around 250 annuity customers who had been short-changed because of an error in its sales process.

Aviva sold inappropriate pensions - Telegraph newspaper

LONDON, Nov 22 - British insurer Aviva plc is paying compensation and increasing the annual payouts of hundreds of customers after discovering staff sold inappropriate pensions, the Telegraph newspaper reported on Saturday.

Deals of the day- Mergers and acquisitions

(Naspers, Club Med, Obi, Aviva Plc, Korea Gas Corp, UniCredit)

UPDATE 3-Aviva in £5.6 bln deal to buy Friends Life after pensions shake-up

* Board of Friends Life has indicated will recommend offer

RPT-Aviva agrees to possible 5.6 bln stg deal to buy Friends Life

(Repeats story to additional clients with new story name, text unchanged)

BRIEF-Aviva, Friends Life confirm in merger talks

* Boards of Aviva and Friends Life note recent press speculation and confirm that they have reached agreement on key financial terms of a possible all-share combination

MOVES- Nomura, Aon, Wells Fargo, Aviva Investors

(Adds Lazard Asset Management, Greenhill & Co, Aviva Investors, Evercore Partners Inc, Ernst & Young)

MOVES-Isla Mackenzie joins Aviva Investors

Nov 19 - Aviva Investors, British insurer Aviva Plc's asset management business, appointed Isla Mackenzie as global head of marketing and external communications.

UPDATE 1-Turkish pension firm Avivasa debut lifts Sabanci listed firms to 12

ISTANBUL, Nov 13 - Avivasa, the Turkish pension joint venture of British insurer Aviva and Turkey's Sabanci Holding, began trading on Thursday, lifting Sabanci's share in Bourse Instanbul to 12 percent of total market capitalisation.

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