HT Bureau
Guwahati, Oct 1: Aviva, on Saturday, announced that it has acquired an additional 25% stake from Dabur Invest Corp. in its joint venture in India, Aviva Life Insurance Company India Limited (ALICIL).
Following the stake acquisition, Aviva’s shareholding has increased to 74% in ALICIL. The transaction allows Aviva to become the majority shareholder, increasing its economic and operational control as it continues to transform the performance of the business.