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Australian insurance businesses elicit bidder interest.

Global Banking News-September 18, 2017--Australian insurance businesses elicit bidder interest

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Global Banking News - 18 September 2017

ANZ and CBA's insurance businesses have elicited interest from bidders.

Hong Kong-based insurance firm, AIA Group Ltd (1299.HK) has expressed its interest in Commonwealth Bank of Australia's(ASX:CBA) insurance unit.

In a similar development, Zurich Insurance Group AG has emerged as the final bidder for Australia and New Zealand Banking Group's (NYSE: ANZ) life insurance and wealth business.

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Publication:Global Banking News (GBN)
Geographic Code:8AUST
Date:Sep 18, 2017
Words:105
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