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Old 08-12-2010, 10:56 AM
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Post Prudential counts the cost of failed AIA bid

British insurance giant Prudential has said the cost of its failed bid for AIA, the Asian arm of US company American International Group (AIG), is £377 million before tax relief. However, it is less than originally thought. Following the collapse of the deal, Pru said it faced costs of £450 million relating to the withdrawal [...]

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