Deutsche, Goldman and Morgan Stanley to lead AIA IPO

The revival of the Hong Kong listing comes after Prudential's bid to acquire the pan-Asia life insurer collapsed in early June.

AIA Group has mandated Deutsche Bank, Goldman Sachs and Morgan Stanley as global coordinators for its upcoming initial public offering, which has been revived after Prudential's $35.5 billion bid to acquire the company collapsed in early June, sources said yesterday.

The company is expected to add other banks as bookrunners later on.

AIA's parent company, American International Group AIG, confirmed earlier this week that it will proceed as soon as practicable with its previously announced plan for an...

To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition

CONFERENCES