Zurich Insurance Group AG Mulls AUD2 Billion Buy From Wesfarmers Ltd-Reuters

Thursday, 31 Oct 2013 04:29am EDT 

Reuters reported that according to the Australian Financial Review Zurich Insurance Group AG is in advanced talks to buy Wesfarmers Ltd's AUD2 billion ($1.90 billion) insurance business. Zurich Insurance declined to comment on the report. Wesfarmers could not be reached for comment.