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Aviva selling Singapore, Vietnam business for $2.5B - report | ![]() |
Dienstag, 24. September 2019 09:08 |
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British insurer Aviva plc is looking to sell its businesses in Singapore and Vietnam, media reported on Tuesday. Allianz SE, Nippon Life Insurance Co., and MS&AD Insurance Group Holdings are reportedly the main competitors for the acquisition of the two subsidiaries, whose combined value is estimated to be up to $2.5 billion. The negotiations, which are a part of Aviva's restructuring plan to reduce its expenses, are still in an early stage, Reuters stated. |
Related Links: Allianz SE, Aviva plc |
Author: Breaking the News / MD |