China's Ping An Considers Acquiring Prudential PLC's Asian Unit -Bloomberg
August 08 2018 - 11:01AM
Dow Jones News
--Chinese insurance company Ping An has evaluated acquiring
Prudential PLC's Asian business, reports Bloomberg, citing unknown
sources.
--Ping An has contacted the Chinese government over whether it
would support such a deal, and discussed potential financing
options, although it hasn't approached Prudential, Bloomberg
reports.
--Prudential declined to comment to Dow Jones Newswires. Ping An
couldn't be reached for comment.
Full story: https://bloom.bg/2OSoauY
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(END) Dow Jones Newswires
August 08, 2018 10:46 ET (14:46 GMT)
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