Prudential in fresh talks on AIA

Man walking past a Prudential signPrudential needs shareholder backing for its AIA takeover

Prudential has suspended trading of its Hong Kong-listed shares and confirmed it is in talks to renegotiate its deal to take over AIG's Asia business.

The suspension comes only three days after the UK insurer's shares launched on the Asian markets.

It is currently seeking shareholder backing for its £24.6bn ($35.5bn) takeover of AIA.

But investors are said to be unhappy with the deal, with the amount being paid a particular concern.

This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.

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