Prudential and AIA deal collapses

File photo dated 01-03-2010 of a sign for Insurer Prudential which is left with a £450 million bill today after its £24 billion Asian adventure came to a humiliating end. PRESS ASSOCIATION Photo. Issue date: Wednesday June 02, 2010. The Pru’s bid to buy AIA – the Asian arm of bailed-out US insurance giant AIG – finally collapsed after its shareholders baulked at the hefty price and chief executive Tidjane Thiam failed to renegotiate the deal. See PA story CITY Prudential. Photo credit should read: Tim Ireland /PA Wire

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