Prudential, Aig in Talks to Revise Down Aia Deal Price

Summary


MANAVIGATOR-May 27, 2010-Prudential, AIG in talks to revise down AIA deal price (C)2010 M2 COMMUNICATIONS http://www.m2.com

British insurer Prudential (LON:PRU) and US peer AIG (NYSE:AIG) are negotiating a reduction of the offered USD35.5m (EUR28.7m) takeover price for AIG's Asian life insurance arm, American International Assurance (AIA), the Wall Street Journal reported on Thursday, citing people in the know.

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Extract


Prudential, Aig in Talks to Revise Down Aia Deal Price

The new price should be acceptable to all shareholders,...

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