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Highstar Capital buys Veolia waste unit
Veolia divested its U.K. regulated water business at the end of June to a joint venture of Britain's Prudential plc and Morgan Stanley Infrastructure Partners for �1.24 billion ($1.94 billion).
Aviva shortlists Prudential, Manulife for Malaysia sale-sources
SINGAPORE/HONG KONG Prudential Plc (PRU.L) and Manulife MFT.TO are among four potential buyers that have made it through to a second stage of bidding for Aviva's (AV.
Prudential Financial Q2 Earnings Preview
On June 19, 2012, Reuters reported that Aia Group Ltd, Manulife Financial Corp and Prudential plc are among companies that have made initial bids for the life insurance joint venture of Malaysia's CIMB Group Holdings Berhad and Aviva plc in a deal ...
Disappointment for Range and Red Emperor in Somalia
Disappointment rained down on Range Resources (RRL) and Red Emperor Resources (RMP) investors on Monday as the companies found water, rather than oil, in their Shabeel North well in Somalia.
G4S's Olympic Failure Could Help Rivals Succeed
The fallout from the failure by G4S GFSZY 2.03 % PLC to provide enough security guards to police the London Olympics has created an opportunity for its rivals to capitalize on the fall from grace of the private-security industry's biggest player.
Diamond Antithesis Seen as First Step to Rehabilitating Barclays
“They haven't drilled down every level from the board room to the trading floor what matters in terms of actions,” said Stevens, whose clients include Vodafone Group Plc, Prudential Plc and British Airways. The bank will need to think how it can reward ...
Questions left hanging about Libor  Financial Times
Too Many Cops on the Bank Beat
And last week the OCC was lambasted by U.S. lawmakers for failing to crack down on money laundering at HSBC Holdings PLC. "The OCC allowed [HSBC's] deficiencies to fester for years," harrumphed the report by the Senate's Permanent Subcommittee ... As ...
Manulife and Prudential Shortlisted for Malaysia Sale by Aviva
Among the four buyers who have potentially moved on to the second stage in the bid for the insurance business of Aviva in Malaysia are companies like Manulife and Prudential Plc. According to reports from the sources the deal is worth nearly about 500 ...
Dai-ichi, Korea Life bid for ING's SE Asia business
Wilson was in charge of AIA when it planned an initial public offering in 2009, but was replaced the following year after a failed bid for AIA by British insurer Prudential Plc (PRU.L). There is some skepticism over either consortium having a chance of ...
Turner Stakes Claim for BOE Helm as Bank Culture Reform Sought
Turner's term as head of the FSA will end next year when the regulator is split into two agencies. A prudential regulator will become part of the BOE, while an independent Financial Conduct Authority will oversee consumer issues.