Aviva chairman: RSA bid rejection was unanimous

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Chairman of Aviva Lord Sharman said today the rejection of a buyout bid from RSA was an undisputed board decision.

In a statement issued this morning, the Aviva Board confirmed the £5bn bid was received on 28 July for the UK, Ireland and Canada general insurance business. The statement goes on to suggest the £5bn offer was ambitious on RSA's part, saying "Aviva is the leading general insurance business in the UK and Ireland...

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