May 09, 2010

Prudential Said to Plan $1.5 Billion Capital Increase for AIA

Prudential Plc, the British insurer buying American International Group Inc.�"s main Asian unit, may try to raise 1 billion pounds ($1.5 billion) in extra capital to win approval from U.K. regulators for the purchase, a person familiar with the matter said....
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[Source: BusinessWeek.com -- ]

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