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New Deal


Announced

Completed

ManuLife completed the acquisition of Vietnamese business from Aviva.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Public

Majority

Friendly

Cross Border

Single Bidder

insurance

Acquisition

Full Line Insurance

Disposal

Vietnam

Completed

Synopsis

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ManuLife, a Canadian insurance company, completed the acquisition of Vietnamese business from Aviva, a British insurance company. Financial terms were not disclosed. “We share an ambition to accelerate digital transformation to make lives better for millions of people across Vietnam. This partnership increases our market share leadership in Vietnam and capitalizes on our strong position as one of the leading international life insurers in Asia, further progressing our growth trajectory in the region,” Roy Gori, Manulife President and CEO.

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