Aviva plc (“Aviva”) has previously announced its intention to increase its holding in UniCredito Italiano through an exchange of shares held by Aviva in Société Générale.
Aviva plc (“Aviva”) has previously announced its intention to increase its holding in UniCredito Italiano through an exchange of shares held by Aviva in Société Générale.
An agreement has now been reached with Fondazione CRT (“FCRT”) and the transaction was completed on 1 August 2003. Aviva has exchanged 1.68% of the issued share capital of Société Générale with FCRT in return for 1.68% of the issued share capital of UniCredito Italiano.
Following the completion of the transaction, Aviva holds 1.05% of the issued share capital of Société Générale and 3.04% of the issued share capital of UniCredito Italiano.
The transaction enables Aviva to further cement its important bancassurance relationship with UniCredito Italiano while continuing its long-standing strategic partnership with Société Générale.
Enquiries:
Analysts/Investors:
James Matthews, Head of Investor Relations
+44 (0)20 7662 2137
Media: Rob Bailhache, Financial Dynamics
+44 (0)20 7269 7200
Hayley Stimpson, Director of External Affairs, Aviva plc
+44 (0)20 7662 7544