(AFX UK Focus) 2010-05-05 15:13 Prudential faces hefty fees if AIA deal delayed
LONDON, May 5 (Reuters) - British insurer Prudential could end up paying hundreds of millions of dollars in penalty payments if its acquisition of AIG's Asian insurance business does not close on time. Prudential's surprise delay of its $21 billion rights issue -- money it needs to fund the bumper acquisition -- triggered outrage among investors over the way the company and its bankers handled ...
2010-05-05 -
Interactive Investor