Wesfarmers mulls insurance sale

Company reportedly negotiating with Swiss giant to sell $2bn business.

Wesfarmers (WES) is reportedly in advanced stages of negotiating a sale of its $2 billion insurance business to Swiss firm Zurich Insurance Group, according to The Australian Financial Review.

Negotiations are reportedly at a point where Zurich has begun conducting due diligence.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles