Aviva shareholders to vote on sell-off

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Aviva shareholders will vote on Wednesday on the insurance group’s plans to sell part of its investment in Delta Lloyd, the Dutch financial services provider.

Aviva chief executive Andrew Moss wants to raise £381m by reducing the stake from 58.2 to 43.1 per cent after offering the shares to private investors. The sale is part of a strategy to reflect on 12 core markets, which do not include the Netherlands.