Astra International tbk PT (JKSE:ASII) signed an agreement to acquire 50% stake in PT Asuransi Aviva Indonesia from Aviva International Holdings Limited on January 17, 2014. Asuransi Aviva Indonesia will be rebranded as Astra Aviva Life. The transaction remains subject to regulatory approvals.

Keith McGuire, Toby Mander-Jones and Samantha Loh of Ashurst and Toby Grainger, Natasha Djamin and Aditya Adhika of Oentoeng Suria & Partners acted as legal advisor for Aviva.