Guggenheim Partners in Talks to Buy Aviva Stake, Telegraph Says
By Isaac Arnsdorf -
2012-08-12T06:40:40Z
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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