Aviva mulls selling Asian arm

Pedro Gonçalves
Aviva mulls selling Asian arm

Aviva is studying selling its Asian division as it seeks to simplify its business and boost growth under the guidance of new chief executive Maurice Tulloch. The company has operations across Asia, including Hong Kong, China, Singapore and Indonesia, but bankers say they are not seen as a core part of the group. They could be worth more than $2bn, Reuters has reported.  "Aviva's businesses in Asia have excellent growth and earnings potential and we are considering a range of options to ...

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