According to Bloomberg, American International Group Inc (AIG) has agreed to sell an its Asian life insurance unit (AIA) with 20 million customers to Prudential Plc, Britain’s biggest insurer, for $35.5 billion. This M&A news has fuelled overall market sentiments in a positive way.
Slightly more than a month ago, Prudential also expressed interest and bought over Singapore's United Overseas Bank (UOB) life assurance unit. Prudential looks to have huge cash reserves.
AIG Sells Asian Life Unit to Prudential Plc for $35.5 Billion [via]
Computer, Technology, Databases, Google, Internet, Mobile, Linux, Microsoft, Open Source, Security, Social Media, Web Development, Business, Finance
Subscribe to:
Post Comments (Atom)
Popular Posts
-
Google url shortener service, goo.gl , is now much improved with newly included features like easier copy and paste, and ability to delete e...
-
I would like to apologize that sigining of my guestbook is not possible at the moment due to an unexpected bug. There is already 74 entries ...
-
The Google Adsense made a blog post with a video to help us understand the concept behind eCPM (Effective Cost Per Thousand Impressions). ...
-
An efficient method to find out the total record counts of all tables in an Oracle database. select table_name, to_number(extractvalue(xm...
-
*********** Try to sleep now, close your eyes Soon the birds would stop singing Twinkling stars, are shining bright They'll be watch...
No comments:
Post a Comment
Do provide your constructive comment. I appreciate that.