AUTOREFRESH 
Potential huge selling of cable for UK Pru/AIG deal
By Jamie Coleman || February 27, 2010 at 12:40 GMT
|| 6 comments || Add comment
Prudential PLC is in talks to buy AIG’s Asian business for as much as $25 bln. That would likely result in large cable sales to fund the transaction.
It also makes one wonder whether this week’s Cable weakness was the investment bankers on the deal getting a head start…
Have a dry weekend all 
Jamie, Quick Question….if PRU and AIG are both USA based companies….why is the deal being done in the UK using the Cable?
It’s also highly likely that PRU will have to have a rights issue to fund it.
You can trade it as an ADR stock but it’s a UK company.
Labour Party staff have been put on standby for a possible April general election in leaked emails from 10 Downing Street.
http://www.telegraph.co.uk/news/election-2010/7332246/Leaked-No10-emails-put-Labour-on-alert-for-early-poll.html
Thanks Lilac!!!! I didn’t notice it was the UK company…mixed it up.
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