Paramount is developing the project. Tom Rothman, the former Fox chief, is in negotiations to produce alongside Mark Gordon, the Hollywood Reporter said.
The novel revolves around Jake Fisher, whose love of life, Natalie, marries another man.
Six years later Jake comes across the other man's obituary. He resolves to attend the funeral in the hope of meeting Natalie. But the mourning widow is not Natalie, throwing all of his past memories with the woman into question.
Jackman was nominated for a best actor Oscar this year for playing Jean Valjean in the Tom Hooper directed musical.