HONG KONG, March 28 (Reuters) - Aviva Plc is
exploring a sale of its Friends Provident International unit,
which offers life assurance and investment products, in a deal
that could raise between $500 million and $700 million, a source
with direct knowledge of the matter said.
The British insurer has received preliminary interest from
about half a dozen Chinese firms and European funds for the
business, said the source, declining to be named as the process
was not public.
An Aviva spokeswoman declined to comment.
The news was earlier reported by the Wall Street Journal.
(Reporting by Sumeet Chatterjee; Editing by Clara
Ferreira-Marques and Mark Potter)