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SLF Sun Life Financial Inc

52.48
0.42 (0.81%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Sun Life Financial Inc NYSE:SLF NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.42 0.81% 52.48 52.60 52.1295 52.51 387,697 01:00:00

Aviva, CIMB Seek Binding Bids To Sell Malaysia Insurance JV: Sources - Reuters

26/09/2012 1:20am

Dow Jones News


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British insurer Aviva PLC (AV) and Malaysian bank CIMB Group Holdings Bhd (1023.KU) have set an Oct. 29 deadline for shortlisted suitors to place binding bids to buy their Malaysian insurance joint venture, in a deal worth at least $500 million, unnamed sources were quoted as saying in a Reuters news agency report published Tuesday on its website.

Potential bidders include Prudential Plc, Manulife Financial Corp. and Sun Life Financial Inc., after AIA Group Ltd. dropped out of the race, the sources said in the report.

Aviva, Prudential and CIMB officials declined to comment, while Manulife, Sun Life and AIA weren't immediately available for comment, the report said.

http://www.reuters.com/article/2012/09/25/aviva-cimb-insurance-idUSL4E8KP2KL20120925

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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