Exclusive: Allianz, Nippon in race to buy Aviva's Asia units for up to $2.5 billion - sources

Australia News News

Exclusive: Allianz, Nippon in race to buy Aviva's Asia units for up to $2.5 billion - sources
Australia Latest News,Australia Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

German insurer Allianz, Nippon Life and MS&AD Insurance are vying with rivals to...

HONG KONG/SINGAPORE - German insurer Allianz, Nippon Life and MS&AD Insurance are vying with rivals to buy the Singapore and Vietnam businesses of Britain’s Aviva in a deal likely to be worth up to $2.5 billion, sources said.

The combined deal value for the businesses is estimated to be between $2 billion and $2.5 billion, they said, adding that talks were at an early stage and terms could change. In his first interim results since being appointed Aviva CEO in March, Maurice Tulloch announced last month a review of its Asian operations.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

AB InBev Asia unit raises $5 billion in world's second-largest 2019 IPOAB InBev Asia unit raises $5 billion in world's second-largest 2019 IPOAB InBev Asia unit raises $5 billion in world's second-largest 2019 IPO by julie_zhuli
Read more »

Exclusive: We Company CEO Neumann starts talks on his role at WeWork parent - sourcesExclusive: We Company CEO Neumann starts talks on his role at WeWork parent - sourcesWeWork co-founder Adam Neumann has started talks with board directors and invest...
Read more »

These are the top 10 British start-ups to work for in 2019, according to LinkedInThese are the top 10 British start-ups to work for in 2019, according to LinkedInChallenger bank Monzo, which is valued at more than $2 billion, topped LinkedIn's 'Top 25 U.K. Start-Ups' ranking for the third year running.
Read more »

AOC blasts Trump's $28 billion farm rescue, asks why 'socialism' isn't bad when billionaires are buying votesAOC blasts Trump's $28 billion farm rescue, asks why 'socialism' isn't bad when billionaires are buying votesOcasio-Cortez criticized Trump's use of $28 billion in taxpayer money to rescue farmers from his ongoing trade war with China, saying it's never called 'socialism' when billionaires are buying rural voters.
Read more »

Britain to create 1 billion pound fund for clean energy technologyBritain to create 1 billion pound fund for clean energy technologyBritain will create a 1 billion pound ($1.25 billion) fund for scientists around...
Read more »

Britain to create 1 billion pound fund for clean energy technologyBritain to create 1 billion pound fund for clean energy technologyBritain will create a 1 billion pound ($1.25 billion) fund for scientists around...
Read more »



Render Time: 2025-03-24 03:04:14