Now Reading:

AIG rejects lower Pru offer


AIG rejects lower Pru offer


American International Group has flatly rejected an attempt by British insurer Prudential to cut the price its prepared to pay for AIG’s Asian life insurance unit.

That threatens to derail the insurance industry’s biggest-ever takeover.

Prudential had tried to renegotiate the price because many of its shareholders said it was paying too much.

Analysts said Prudential is now likely to abandon the bid.

Every story can be told in many ways: see the perspectives from Euronews journalists in our other language teams.

Next Article