News Formal

British insurer Aviva to sell Singapore business for S$2.7b

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

[BENGALURU] British life, motor and home insurer Aviva said on Friday it will sell its majority shareholding in its Singapore business to a consortium led by Singapore Life for S$2.7 billion, as the company reduces focus on Asia. Read more at The Business Times.

British life, motor and home insurer Aviva said on Friday it will sell its majority shareholding in its Singapore business to a consortium led by Singapore Life for S$2.7 billion, as the company reduces focus on Asia.[BENGALURU] British life, motor and home insurer Aviva said on Friday it will sell its majority shareholding in its Singapore business to a consortium led by Singapore Life for S$2.7 billion, as the company reduces focus on Asia.

The Singlife consortium includes alternative asset firm TPG, which will become the largest shareholder in the new group on completion, Japanese insurer Sumitomo Life and other existing Singlife shareholders.For daily updates on weekdays and specially selected content for the weekend. Subscribe to

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:

 /  🏆 15. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

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

Singapore and Japan to launch 'green lane' for business, official travel on Sep 18JUST IN: Singapore and Japan to launch reciprocal green lane for essential business and official travel for residents from both countries on Sep 18: MFA
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »