Prudential (PUK) confirms it has entered discussions with AIG (AIG) regarding the status of its...

|By:, SA News Editor

Prudential (PUK) confirms it has entered discussions with AIG (AIG) regarding the status of its proposed acquisition of AIG's Asia arm, AIA Group. Prudential is looking to lower the $35.5B price tag to about $30B in a move to placate large shareholders opposed to the deal. "These discussions may or may not lead to a change in the terms of the combination of AIA Group Limited and Prudential," Pru says. PUK -1.8% premarket. AIG +1.8%.