The World

Prudential won’t buy AIG

Insurer AIG has rejected a lower offer for it’s Asian arm, AIA. Prudential had lower the offer price to appease their shareholders, but as BBC economic correspondent, Andrew Walker explains, the lower price did not appeal to AIG.

Insurer AIG has rejected a lower offer for it’s Asian arm, AIA. Prudential had lower the offer price to appease their shareholders, but as BBC economic correspondent, Andrew Walker explains, the lower price did not appeal to AIG.