Agent optimism greets Athene deal to acquire Aviva USA

12/28/2012 | InvestmentNews (free registration)

Industry experts have expressed optimism over the announced $1.55 billion acquisition of Aviva USA by Athene Holding. The move marks the fourth acquisition in the fixed- and indexed-annuity market since 2011 for Athene, which is backed by private-equity firm Apollo Global Management. The acquisition is expected to boost sales by resolving concerns about the fate of Aviva, and it may lead to product improvements and improved ratings, agents and analysts said.

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