| From Todayonline.com: Insurance giant Prudential, a household name in Britain for over a century, is considering quitting the United Kingdom and United States should it pull off its multi-billion pound Asian expansion. The Government of Singapore Investment Corp has agreed to underwrite "a significant portion" of the rights issue.
The possible disposal of its businesses in the UK and the US comes as Prudential prepares to publish the prospectus for the rights issue to help pay for its US$35.5-billion ($48.7-billion) takeover of American International Assurance (AIA), the Asian arm of failed US insurer American International Group.............................................Full Article: Source
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