Prudential, the UK pensions and insurance provider, is to acquire US financial services provider American General Corporation for £18.1bn ($26.5bn), a move which creates the world's sixth largest insurance group.
The deal, is the largest ever transatlantic financial services merger. Prudential is paying a 28% premium for the US company, valuing its shares at $49.52 each. Chief executive of Prudential, J...
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