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Aviva completes AmerUs Group buy

UK insurance titan Aviva has completed its $2.9 billion acquisition of Iowa, US-based life insurance and annuities firm AmerUs Group.

<p>Shareholders of AmerUs Group will receive $69 per share in AmerUs Group common stock, and the company will be removed from the New York Stock Exchange. <br /><br />The $2.9 billion takeover has also involved a reorganization of the top positions at AmerUs. The group&#0039;s management and US operations will be headquartered in Iowa and Thomas Godlasky, chairman, president and chief executive of AmerUs, will become Aviva USA&#0039;s president and CEO. Philip Easter, finance director of Aviva UK general insurance, will become CFO in December, when Melinda Urion will step down. <br /><br />This is a milestone event in AmerUs Group&#0039;s history and we are very excited about our future as part of the Aviva group of companies, commented Mr Godlasky. Aviva&#0039;s global brand presence, financial strength and scale are a significant advantage as we grow our business in the US.</p>