Tuesday, November 22, 2005
Pru May Be Poised to Make Acquisitions
Prudential Financial Inc. may be assembling a war chest in anticipation of making one or more major acquisitions, according to life insurance industry analysts.
"Prudential must be thinking about a deal - they have to be out there looking," said Rob Haines, an analyst with CreditSights in New York. The entire life insurance industry has excess capacity and is ripe for consolidation, he added.
Pru May Be Poised to Make Acquisitions
Source: Investment News (subscription required)
"Prudential must be thinking about a deal - they have to be out there looking," said Rob Haines, an analyst with CreditSights in New York. The entire life insurance industry has excess capacity and is ripe for consolidation, he added.
Pru May Be Poised to Make Acquisitions
Source: Investment News (subscription required)
Permalink posted by armandn @ 7:31 AM 
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