Posts Tagged ‘AIA’
Banks Line up for Pru Deal
Monday, March 8, 2010 17:34 No CommentsThe banks supporting the Prudential’s $35.5bn bid for AIG’s Asian arm will announce that they have spread the risk of under-writing the UK company’s massive rights issue among 30 banks.
In order to fund its bid for the Asian business of the stricken US insurance group—AIA, the Pru must raise the equivalent of $20bn from equity [...]
