INSURER Prudential is planning a £15bn deal to buy the Asian arm of bailed-out US giant AIG – and could sell its UK life division, reports say.
Prudential declined to comment, but is likely to confirm discussions early today.
The Pru has also been approached over a potential sale of its UK life business by Clive Cowdery’s Resolution investment vehicle, which bought Friends Provident last year, according to reports.
Resolution declined to comment on the potential acquisition.





