British insurance firm in talks over AIG's Asian arm

British insurance giant Prudential confirmed today that it was working on a deal to buy the Asian arm of embattled US group AIG.

British insurance firm in talks over AIG's Asian arm
Mon, 01 Mar, 2010 - 08:17

British insurance giant Prudential confirmed today that it was working on a deal to buy the Asian arm of embattled US group AIG.

Pru is understood to be planning a record investor cash-call of up to £15bn (€16.7bn) to finance the takeover, said to be worth a mammoth $30bn.

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CourtsBusinessHeathrowPlace: USPlace: AsiaOrganisation: AIGOrganisation: PrudentialOrganisation: Pru
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