May 16, 2010 at 19:51 PM EDT
Britain’s Prudential to Launch Delayed $21B Rights Issue
FT is reporting that Prudential Financial, Inc. (PRU), a financial services company with nearly $700 billion of assets under management, is preparing to launch its delayed $21 billion rights issue on Monday morning, allowing the insurer’s chief executive Tidjane Thiam to make the financial case for the $35.5 billion acquisition of AIA, the distressed Asian [...]
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