Prudential Said To Resume Talks On AIG Japan Units -Bloomberg
16 Juillet 2009 - 1:53AM
Dow Jones News
Prudential Financial Inc. (PRU) has resumed talks with American
International Group Inc. (AIG) over the purchase of two Japanese
insurance units after discussions stalled earlier this year,
Bloomberg News reported, citing two unnamed people briefed on the
situation.
A sale of AIG's Star Life and Edison Life operations may yield
more than $3 billion, Bloomberg reported one of the people as
saying. A rival bid for the units from Manulife Financial Corp.
(MFC) is no longer under active discussion, the person said.
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