AVIVA: Aviva’s Dutch subsidiary sells its stake in Ennia Caribe holding

January 6, 2006 by admin
Filed under: Aruba News, Business and Economy 

Aviva plc (“Aviva”) announces that its Dutch subsidiary, Delta Lloyd Group (“Delta Lloyd”) has sold for a cash consideration its 79.65 per cent holding in ENNIA Caribe Holding N.V. (“ENNIA”), a Dutch Antilles and Aruba based insurer, to Banco di Caribe N.V. in Curaçao. The current total net asset value of ENNIA is €19 million with gross assets of €359 million. The sale of its stake in ENNIA will have no material impact on the financial position of Delta Lloyd.

The sale is in line with Delta Lloyd’s strategy of focusing on the Dutch, Belgium and German markets.

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