Home THE DAILY EDGE Business Prudential said to consider issuing over 10% of shares to AIG
Prudential said to consider issuing over 10% of shares to AIG

Tags: American International Group | Prudential Plc

Written by The Edge   
Monday, 01 March 2010 13:55
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Prudential Plc plans to issue more than 10% of new shares to American International Group Inc. as part of a planned US$35 billion ($49.2 billion) bid for an Asia life unit, said a person familiar with the plan.
 
Prudential plans to raise US$25 billion of cash and US$10 billion by issuing ordinary, preference and convertible shares, the person said, asking not to be identified before an announcement. 
 
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Prudential said to consider issuing over 10% of shares to AIG
Monday, 01 March 2010

Last Updated on Monday, 01 March 2010 13:57