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 (09:47)
- 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 - 09:45
Subscribe Now to RANsquawk
Click here for a 1 week free trial
RANsquawk provides audio news and commentary for over 15,000
professional traders and brokers worldwide. Services include:
Real-time audio coverage from 0630 to 2200 London time plus Asia-Pac 2200 to 1000 London time
Teams of analysts covering equities, fixed income, FX, energy, and metals markets
Real-time scrolling news service with instant analysis
Daily and weekly pre-market research and calendars
Video updates covering near-term key risk events & primary trading themes
One-to-one chat with our expert analysts