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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Prudential taps Temasek to help fund AIA acquisition

Posted on 04 March 2010

From WSJ: Prudential PLC is in talks with Singapore state-investment company Temasek Holdings Pte. to possibly support a share offering the U.K. insurer is planning so it can finance its acquisition of American Insurance Group’s (AIG) Asian operations, two people familiar with the situation said Wednesday.

“Talks are at a very preliminary stage and nothing has been decided,” one person said…………………………………….Full Article: Source


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