Aviva plc announces that it has received €608 million in cash from Bankia.
Aviva plc ("Aviva") announces that it has received €6081 million in cash from Bankia S.A. (“Bankia”) following settlement and transfer of its entire holding in Spanish joint venture Aseval to Bankia.
The completion on this transaction demonstrates the delivery of our strategic imperatives and improves our liquidity and capital position.
1. Total cash proceeds converted to sterling at an exchange rate of €1 / £0.81 represent £495m
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