Sun Life, Khazanah to buy Aviva’s Malaysian operations – sources
HONG KONG/SINGAPORE (Reuters) – Canada’s Sun Life Financial and Malaysian state investor Khazanah have agreed to buy Aviva’s Malaysian insurance joint venture with lender CIMB for about 1. 7 billion ringgit ($563 million), sources said on Sunday. The deal will help the Canadian company expand its Asian footprint. The consortium of Sun Life Financial Inc and Khazanah Nasional Bhd edged out rival Manulife Financial Corp to win the eight-month old auction, sources familiar with the sale process said. Britain’s No. . . .
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