Prudential AIA Deal
Published / Last Updated on 11/08/2010
Prudential AIA Deal £377m Loss
by Ashley Clark, Director
Insurance giant Prudential has confirmed figures that is lost £377m on the £23bn failed takeover deal to buy AIA, the Asian insurance arm of bailed out US insurance group AIG.
The loss is around £75m less than Prudential had predicted.
At the same time, Prudential announced half profits being up 19% to £845m from £711m for the same period last year.
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