Counting the cost of a Prudential Asia sale

Speculation is rife that Chinese insurer Ping An is eyeing the Asian division of British peer Prudential, but other outcomes are being mooted. What would this mean for each firm?

News that China’s Ping An Group is mulling a bid for Prudential's operations in Asia has had tongues wagging over the past few days. 

Some investors clearly see such a deal as a credible possibility. The London-listed insurer’s share price jumped by as much as 5% on Wednesday and Thursday when news of the potential merger spread, before paring those gains on Friday as stock markets globally sank.

Yet any takeover appears far from certain. Indeed, a spokesman for Prudential told FinanceAsia's sister title AsianInvestor last week that it had received no formal offer and embarked on no discussions. ...

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