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Prudential (PUK +4.6%) may boost its capital reserves by around £1B ($1.5B) to get U.K....

  • Monday, May 10, 2010, 8:39 AM ET
    Prudential (PUK +4.6%) may boost its capital reserves by around £1B ($1.5B) to get U.K. regulatory approval for its purchase of AIG's (AIG +5.4%) Asian unit. Approval could come in the next few days, allowing Pru to move forward on its delayed $21B rights offering.
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