Wednesday, March 22, 2006

 

Could British Pru Find Another Suitor?

Executives at Prudential P.L.C. are rejecting a $30 billion bid from a larger rival, Aviva P.L.C., saying the offer is too low.

Some analysts are asking whether the British Prudential, which has no connection with Prudential Financial Inc., Newark, N.J., could end up luring a bidder who will beat Aviva's price.

Could British Pru Find Another Suitor?
Source: National Underwriter (subscription required)

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