ALLIANZ SE and Sun Life Financial Inc. are considering bids for HSBC Holdings Plc’s insurance unit in Singapore, according to ...
Considerations are ongoing and the companies might decide not to proceed, while other bidders could also emerge, sources said.
--Allianz and Sun Life Financial might bid for HSBC's Singapore insurance unit in a deal that could value the business at around $2 billion, Bloomberg reports, citing unnamed sources.
Life insurance companies have joined global investors in a private debt market binge in search of higher yields.
March 12 (Reuters) - Allianz SE and Sun Life Financial are considering bids for HSBC's Singapore insurance unit after the bank launched a strategic review of the business, Bloomberg News reported on ...
Allianz SE and Canada's Sun Life Financial are exploring bids for HSBC Holdings' insurance operations in Singapore, following ...