Summary
AVIVA'S dollars 2.9 billion acquisition of American group AmerUS last month, following on the springtime rebuff of its merger proposal by Prudential, created the sense of a company heavily into the sector consolidation play.
That may still be true, but yesterday's interim results from Norwich Union-owning Aviva show that Richard Harvey at the helm does not seem to be chasing acquisition synergies to hide operational weakness.See the full content of this document
Extract
Scrutineer: Viva Aviva Is the Cry From a Happy City
Quite the reverse. The business seems to be functioning well both in the UK and internationally, with profits of GBP 1.69bn - up 27 per cent - coming in comfortably ...
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