Guggenheim Partners in Talks to Buy Aviva Stake, Telegraph Says

The life insurance unit of Guggenheim Partners is in talks with Goldman Sachs Group Inc. (GS) to buy some or all of Aviva (AV/) USA, the Sunday Telegraph said.

The discussions value Aviva USA at 800 million pounds ($1.3 billion), the London newspaper reported, without saying how it got the information. Guggenheim is interested in Aviva’s fixed- annuity business in the U.S., it said.

To contact the reporter on this story: Isaac Arnsdorf in London at iarnsdorf@bloomberg.net

To contact the editor responsible for this story: Mike Harrison at mharrison5@bloomberg.net

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