Resolution Life Australasia to Acquire AIA Australia Superannuation & Investments Business
February 24, 2022
Resolution Life Australasia has entered into an agreement with AIA Australia Limited to acquire AIA Australia’s Superannuation & Investments business. The deal is expected to close in 12 to 18 months, subject to regulatory approvals, and would add approximately 162,000 customers to Resolution Life’s existing 1.1 million Australasian customer base.
- Buyers
- Resolution Life Australasia
- Targets
- AIA Australia Limited - Superannuation & Investments business
- Sellers
- AIA Australia Limited
- Industry
- Insurance
- Location
- New South Wales, Australia
- Transaction Type
- Buyout
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