Prudential fined over AIA deal

2013-03-27 17

Britain's largest insurance company, Prudential, has been fined the equivalent of thirty five million euros over its failed attempt to buy Asian rival AIA three years ago.

The Financial Services Authority imposed the fine because Prudential had not told the UK financial regulator about the takeover bid, even after it had been leaked to the media.

...
http://www.euronews.net/