MLC or AMP considered front runners to purchase Life insurer Aviva
Reuters is reporting that both The National Bank and Insurer AMP are considering purchasing the Australian operations of Aviva, its reported that British Insurer Aviva plc has appointed Morgan Stanley and JP Morgan to explore sale options.
Both NAB and AMP declined comments AMP and NAB through its Life Insurance Unit MLC would bot gain market share in the Life Insurance and Wealth Management space
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