Aviva to acquire Canadian vehicle replacement insurance provider Optiom
Aviva plc has announced its acquisition of Optiom O2 Holdings Inc, commonly known as Optiom, for a consideration of approximately £100 million (about CAD$170 million). Optiom, a leading provider of vehicle replacement insurance in Canada, was previously owned by Novacap and other minority shareholders. This acquisition represents a significant expansion of Aviva’s capital-light businesses, which […]