Hong Kong
Chinese investors may not proceed with bid for AIA shares
China Life and two other Chinese investors have withdrawn from bidding for stakes in American International Group's Asian unit ahead of its planned initial...
AIG approaches big investors to take stakes in AIA
AIG has approached some of the world's biggest investors over the sale of a significant stake in AIA, the US insurer's Asian unit, drawing...
AIG: Chinese consortiums eye AIA takeover
At least four consortiums made up of private Chinese investors have approached US insurance giant AIG to acquire its Asian unit AIA, a Hong...
Bailed out insurer American Insurance Group and China Strategic Holdings have agreed to extend the deadline for completing AIG’s planned $2.2 billion sale of its Taiwan unit
While the extension could help AIG and its buyers address concerns from Taiwanese regulators, the longer the transaction is stretched out the less likely...
AXA UK : The deal with Resolution would result in a one-off writedown of 1.4 billion euros ($1.7 billion) in 2010,
Resolution, set up in 2008 to buy and profitably merge slow-growing British life insurers, said on Monday it hoped to complete the 2.75 billion...
Italy’s Generali could be interested in AIA ‘pieces’: report
Italian insurer Generali could be interested in "pieces" of AIG's Asian unit AIA after British insurer Prudential abandoned its ambitious takeover plan, daily Corriere...
Prudential chairman says no heads will roll over AIA
Prudential chairman Harvey McGrath said in an interview on Friday that no heads would roll at the British insurer after it abandoned an ambitious...
Prudential pulls out of bid for Asian insurer AIA
British insurer Prudential said Wednesday it was withdrawing from a bid to buy AIA, the Asian arm of AIG, after the US group refused...
AIG refuses to change conditions of AIA sale to Prudential
US insurer AIG said Tuesday it had refused to modify the conditions for the sale of its AIA Asian unit to British rival Prudential,...
Prudential chairman defends AIA mega-deal
Prudential chairman Harvey McGrath Tuesday defended a planned takeover of Asian insurer AIA as the British company's shares started trading in Hong Kong and...
Prudential launches record cash call to buy Asian insurer
British insurance giant Prudential said Monday it will raise 14.5 billion pounds (17 billion euros, 21 billion dollars) from the sale of new shares...
China backs insurer Ping An’s acquisition plan
Chinese regulators have approved a plan by Shenzhen-based powerhouse Ping An Insurance to buy a stake in Shenzhen Development Bank from US private equity...
Prudential delays rights issue to fund Asian insurer buyout
British insurer Prudential on Wednesday said it had decided to delay launching a rights issue aimed at helping to fund a 35.5-billion-dollar takeover of...
Insurance giant Prudential expects to list in Hong Kong on May
Insurance giant Prudential, which has agreed to buy the Asian arm of troubled US insurer AIG, said Friday its shares were expected to start...
Prudential gets approval for Hong Kong listing
London-listed insurer Prudential has been given the green light by the Hong Kong Stock Exchange to list on the city's bourse, a report said...
Taiwan aims to rule on AIG unit’s deal by June
Taiwan aims to make a decision by the end of June on the controversial sale of the local unit of American International Group (AIG)...
Prudential eyes Asia’s coming insurance boom
Asia's insurance industry is set to boom thanks to rising incomes, a growing middle class and ageing populations, explaining the allure behind Prudential's costly...
Prudential to study a possible IPO in Hong Kong or Shanghai
Prudential is studying a possible public offering in Hong Kong or Shanghai, becoming the latest multinational interested in listing in the fast-growing region, media...
AIG reports $1.4 billion loss net of tax on Nan Shan sale
AIG $2.15 billion sale of its Taiwan life insurance unitwill result in a loss of around $1.4 billion net of taxes that the company...
AIG sells Taiwan unit to Primus Financial Holdings for £2.15 billion
AIG said Tuesday it would sell its Taiwan unit for 2.15 billion US dollars as the insurance giant raised money to pay off a...
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