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Sovereign Wealth Funds Briefing - Categorized | Investment

Sovereign funds ready to back Prudential

Posted on 03 March 2010

From Marketwatch.com: Sovereign wealth funds in China and Singapore are ready to help fund U.K. insurer Prudential’s $35.5 billion acquisition of American International Group’s Asian business, the Financial Times reported Tuesday.
The newspaper said Prudential and its advisers are in talks with with sovereign funds over the provision of billions of dollars to support the $20 billion share sale element of the deal……………………………………….Full Article: Source


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