Aviva Shortlists Prudential, Manulife for Malaysia Sale: Sources - Reuters
July 09 2012 - 10:32PM
Dow Jones News
Prudential PLC (PUK), Manulife, AIA Group (AAGIY) and Sun Life
Financial Inc. (SLF) have been shortlisted to proceed through to
the second stage of bidding for Aviva PLC's (AV) insurance business
in Malaysia, a deal worth about $500 million, the Reuters news
agency said Monday on its website, citing unnamed sources.
Binding bids for the Aviva sale are due at the end of this
month, with management presentations set to start next week, the
sources said in the report.
AIA, Manulife, Prudential and Sun Life declined to comment,
while Aviva didn't reply to an email seeking response, the report
said.
Full Story:
http://www.reuters.com/article/2012/07/09/aviva-asia-shortlist-idUSL3E8I916L20120709
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