Pru and AIG in talks on restructuring AIA sale
AIG and Prudential are in advanced talks to restructure the $35.5bn sale of AIA, the AIG’s Asian unit, in a move that would cut the cash consideration by about $2bn but could answer UK regulators’ last-minute objections to the deal according to the Financial Times.
The FT said the Pru had approached AIG in recent days to press for a change in the terms of the deal, which was agreed in March, in an effort to allay the concerns of the FSA over its capital position
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