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Prudential 'plans AIA assets sell off'

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Prudential 'plans AIA assets sell off'

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British insurer Prudential is reportedly to tell investors that it will sell off assets in Australia, New Zealand, South Korea and Taiwan following its twenty six billion euro purchase of AIG’s Asian life insurance unit – AIA.

That would be to try to appease shareholders who have to vote through the deal and who are not happy about the amount of money that is having to be raised for the planned acquisition.