Prudential's plans to become Asia's biggest insurer are in tatters after talks to cut the agreed $35.5bn (£24.2bn) price-tag of AIA collapsed amid speculation that its owner, AIG, was instead pursuing a deal with sovereign wealth funds.Sources told The Daily Telegraph that AIG was exploring talks with sovereign wealth funds including GIC, Temasek and Qatar Holdings which could become cornerstone investors in AIA ahead of reviving plans for an initial public offering in Hong Kong. Full Story
