Market welcomes Aviva U-turn

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Market welcomes Aviva U-turn

Jasper Cox
March 23, 2018 12:45 pm
Aviva_PA_230x150
A logo sign outside of a facility occupied by Aviva in Mississauga, Ontario, Canada, on April 16, 2017. Photo by Kristoffer Tripplaar *** Please Use Credit from Credit Field *** | Kris Tripplaar/SIPA USA/PA Images

Aviva bowed to pressure on Friday and announced that it would not redeem its preference shares after all. It also said that if it reconsidered, it would take into account the market value of the shares.

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Jasper Cox
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