Thursday, March 6, 2008

PRU

"Insurer Prudential climbed 41 to 643½p on the back of ongoing speculation that Ping An, China's second-largest insurer, was plotting a bid. The talk was driven by news that Ping An had won approval from its shareholders for a £8.5bn fund-raising that it will use to make acquisitions."

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/03/06/cxmktrep106.xml