Biography four Chinese-funded consortium allies want negotiation
each from Beijing by reporter Tracy Ge
Although abandoned by Prudential purchase, AIA is still "Emperor daughter mentality," the posture. According to media reports, has at least four Chinese-funded consortium offered an olive branch to the allies. It is reported that four consortia have been in contact with the American International Group, intends to acquire the latter's Asian subsidiary AIA Insurance.
4 家 negotiation a consortium of friends, one of the consortium by the Pacific Union Investment Group, led by Chairman of Shan Wei built, but construction of single-wei said the acquisition is "unconfirmed rumors" and declined to comment further. Another Central CC Land Holdings Limited chairman Cheung Chung Kiu led understand Cheung Chung Kiu as "Chongqing Li Ka-shing" the name was Fang Jian called Chongqing richest.
third consortium led by Fosun chairman Guo Guangchang. In fact, Fosun Group and friends of the "scandal" has long before. Back in March, sources have said the rehabilitation group may be acquired by a subsidiary of AIA Greater China business, this Fosun Group executives had a secret meeting went to Beijing, Shanghai and AIA. But a spokesman has told the media recovery, recovery of the AIA are interested in, but for various reasons, there is no follow up on transactions.
However, Fosun Group into the financial sector's intention is clear, Fosun International Vice Chairman and Chief Executive Officer Liang Xinjun has said publicly that the future Fosun International will focus on investment in the financial services industry to consider its financial sector development strategy also includes the participation of A shares, H shares in the IPO subscription. It is understood that, in the Wing property insurance, the complex owned 17.1958% of galaxies together, if we can integrate allies and life insurance license must be more conducive to their business development.
fourth consortium from China, Hong Kong and China Taiwan investors in the composition. Reported that the investors in the Prudential Assurance Group to terminate the deal shortly after with the American International Group and made contact with the U.S. Treasury.
6 2, Prudential issued a proclamation declaring the ongoing negotiations with the American International Group, Prudential and its allies to terminate the merger agreement, notice also lists the failure to this acquisition, Prudential is expected to take expenditure cost of 450 million pounds, which includes projects to be paid to American International Group, the 153 million pounds termination costs, arrangement and underwriting costs 80 million pounds, others are consultants and other expenses, including for hedging Gonggusuode risky transactions estimated £ Huishuai net cost, but since then has been reported that this "breakup fee" will be 450 million pounds rose to 700 million pounds big.
