News Headline Summary
Aviva (AV/ LN) reaches a settlement with Bankia (BKIA SM) on their Spanish joint venture Aseval
- Pact will up economic capital surplus by around GBP 0.5bln.
- Aviva are to transfer their entire holding in the JV to Bankia.
Reaction details (15:47)
- AV/ LN shares unmoved in the immediate reaction; trades GBP 3.75 (+1.4%) last.
- BKIA SM shares unmoved in the immediate reaction; trades EUR 0.69 (+0.15%) last.
18 Dec 2012 - 15:45
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