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Sovereign Wealth Funds Briefing - Categorized | Investment

Khazanah may join other bidders for stake in CIMB Aviva

Posted on 19 October 2012

With the chapter closed on the sale of ING’s Malaysian insurance operations to AIA Group Ltd, attention on the insurance realm has now turned towards CIMB Aviva Assurance Bhd being divested.
An industry source said that CIMB Aviva made a presentation to bidders last week for them to assess the company and clear queries before putting in their offer price. However, he also noted that the there could be a bidder that had not been mentioned before Khazanah Nasional Bhd………………………………………..Full Article: Source


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