American Equity Investment Life Holding Co. is discussing a potential sale with interested suitors, Reuters reported, citing people familiar with the matter.
The U.S. provider of annuities and life insurance products has engaged an investment bank as it explores a possible sale. Athene Holding Ltd. and FGL Holdings could be among the companies eyeing American Equity Investment Life, according to the report.
American Equity Investment Life, Athene and FGL did not immediately respond to the news outlet's requests for comment.
