Duperreault mulling Suncorp life deal: reports
AIG has shown interest in acquiring the life business of Suncorp
Group, according to reports in the Australian Financial
Review.
The paper said AIG had met with local investment banking
advisers and life insurance industry players while it considered
acquiring the division from the Australian financial services
group.
It is understood that a sale of Suncorp's life arm could
raise some A$1.5bn ($1.2bn).
Any such move for the sizeable book would be significant as the
first acquisitive move since B
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