Aviva finishes Friends Life deal

Aviva finishes Friends Life deal

Aviva’s share price seemed to be on the rise following the announcement that it had completed its acquisition of Friends Life.

At the LSE’s close of business on 14 April, the price had reached 559.17, down from 561.50 the previous day.

Aviva and Friends Life have approximately £315bn in assets under management between them, with £245bn of these attributed to Aviva.

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Between the two companies have approximately 31,500 employees, with approximately 4000 of these working for Friends Life.

Between them, the companies have offices in Bristol, Dorking, Exeter, London, Salford, Salisbury, Perth, Glasgow, Manchester, York, Sheffield, Norwich and Eastleigh.