AvivaSA Emeklilik ve Hayat A.S. a joint venture between Haci Omer Sabanci Holding AS (IBSE:SAHOL) and Aviva plc (LSE:AV.), said that it plans to launch an initial public offering. "An application has been made to the Capital Markets Boards in order to make the Articles of Association of Avivasa Emeklilik ve Hayat A.S., our joint venture company, compatible with the provisions of the Capital Markets Law and Capital Markets Board relating to public offering of shares," Sabanci said in a bourse filing.