Aviva Eyes Expansion in Us but Scorns Talk of Pounds 1.7bn Takeover

Evening Standard - London › January 11, 2006

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Summary

AVIVA, the Norwich Union insurance giant, today moved to dampen speculation it is poised for a massive acquisition in the US.

The company denied reports that it had tabled an offer of almost $3 billion (Pounds 1.7 billion) for AmerUs, one of its American rivals, saying: "Aviva confirms it has not made such a proposal and no discussions with AmerUs are taking place."

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Extract

Aviva Eyes Expansion in Us but Scorns Talk of Pounds 1.7bn Takeover

Reports had suggested Britain...

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