Prudential taps Singapore & Chinese sovereign funds over AIA deal

The Sydney Morning Herald, 2 Mar 2010
British insurer Prudential is tapping sovereign wealth funds in China and Singapore to help finance its 35.5 billion dollar buyout of US insurance giant AIG's Asian arm, a report said Tuesday.
It said the Singaporean and Chinese sovereign wealth funds had not made a final decision but their response was positive.
Singapore's Temasek Holdings and China Investment Corp (CIC), among the region's major sovereign wealth funds, would not comment on whether they had been approached by the British insurer. Full Story

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