UK's Aviva takes full ownership of India unit after New Delhi eases foreign investment rules

Aviva agreed to buy the remaining 26% stake in its Indian life insurance joint venture from Dabur Invest Corp, moving to 100% ownership of the business it launched in 2001. The deal is a positive step toward simplifying ownership and control, though the article provides no disclosed deal value or financial impact.

Analysis

Aviva agreed to buy the remaining 26% stake in its Indian life insurance joint venture from Dabur Invest Corp, moving to 100% ownership of the business it launched in 2001. The deal is a positive step toward simplifying ownership and control, though the article provides no disclosed deal value or financial impact.