AIG rejected low price to sell AIA to PLC

December 24, 2010 | In: Finance

British Prudential PLC try to dicrease the price to buy AIA ,the Subsidiary of American International Group Inc.We know,the previous price is $33.5 billions,but now is $303.8.This time,AIG rejected this unreasonable ask.

AIG
American International Group, Inc. (AIG) (NYSE: AIG) is an American insurance corporation. Its corporate headquarters are located in the American International Building in New York City. The British headquarters office is on Fenchurch Street in London; continental Europe operations are based in La Défense, Paris, and its Asian headquarters office is in Hong Kong. According to the 2008 Forbes Global 2000 list, AIG was once the 18th-largest public company in the world. It was listed on the Dow Jones Industrial Average from April 8, 2004 to September 22, 2008.

Prudential PLC

Prudential plc (LSE: PRU, NYSE: PUK, SEHK: 2378) is a British financial services company. The company has over 21 million customers worldwide.[2] As well as the UK arm of its operations it has operations in 12 countries in Asia and owns Jackson National Life in the United States. It founded the Egg internet bank, which it sold to Citigroup in 2007. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

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