Sun Life Seeking Buyer for U.S. Annuities Unit -Bloomberg
October 24 2012 - 10:46AM
Dow Jones News
Canadian insurer Sun Life Financial Inc. (SLF) is soliciting
bids for a U.S. annuities unit that may fetch more than $1 billion,
Bloomberg reported Wednesday, citing people with knowledge of the
matter.
Morgan Stanley (MS) is reportedly advising Sun Life and interest
has been drawn primarily from investment firms including Guggenheim
Partners LLC and a company run by U.K. investor Clive Cowdery, the
report said.
Full story at
http://www.bloomberg.com/news/2012-10-24/sun-life-said-to-seek-buyer-for-u-s-annuities-unit.html
Write to nymonitoring@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
Sun Life Financial (NYSE:SLF)
Historical Stock Chart
From Mar 2024 to Apr 2024
Sun Life Financial (NYSE:SLF)
Historical Stock Chart
From Apr 2023 to Apr 2024