Allianz, Nippon Life and Manulife Financial are among firms jockeying to acquire UK insurer Aviva's Singapore and Vietnam units, according to anonymous insiders. The deal would be worth as much as £2bn ($2.5bn). Reporting by Sumeet Chatterjee in Hong Kong and Anshuman Daga in Singapore; Additional reporting by Takashi Umekawa in Tokyo; Editing by Muralikumar Anantharaman and Kirsten Donovan Sources said the talks are at an early stage and subject to change. A spokesman for Aviva said: "We have been in discussions with a number of parties about potential opportunities around Asia over recent months.
Allianz, Nippon Life and Manulife Financial are among firms jockeying to acquire UK insurer Aviva's Singapore and Vietnam units, according to anonymous insiders. The deal would be worth as much as £2bn ($2.5bn). Sources said the talks are at an early stage and subject to change. A spokesman for Aviva said: "We have been in discussions with a number of parties about potential opportunities around Asia over recent months.