This is a discussion on Prudential to buy AIA??? within the Financial Asessment and Planning forum, part of the Home Planning Forum category; Hi, Saw this breaking news... Prudential to buy AIA What are your views? Good or bad?...
Saw this breaking news... Prudential to buy AIA
What are your views? Good or bad?
No wonder I see some of the AIA agents "resigned" and joined Prudential the last few months.
I guess there will be lesser competition and choices for consumer but overall it is a big step forward for prudential.
Personally I am existing prudential customer so the impact is not much on me as i dont't foresee i would buy any insurance in any near future.
But due to this, US stocks has been moving upward which is good!
Hopefully it is for the good...cos' my hubby working in AIA
I wonder will they be like other industry where when there is an acquistion, some people will be asked to go...
bigger company mean bigger profit
FYI. Latest news is that Prudential is pulling out of the agreement as they are not able to get the funds needed to complete the transaction..