Prudential UK eyes P&O takeover. Details of M&A still remain unclear

Petaling Jaya: Prudential UK is believed to have submitted an application to Bank Negara to commence talks on the potential acquissition of local general insurance company, Pacific & Orient Bhd (P&O).However, the details of the potential merger and acquisition.....More

Insurance consolidation stirs interest in P&O.

As the insurance industry continues to consolidate, wiht the big boys of general insurance eyeing the smaller players, Pacific & Orient Bhd (P&O) has emerged as a possible acquisition target, source say.
"One of the top five general insurance players in Malaysia is exploring the possiblility of acquiring P&O"....More

BUSINESS TIMES
Stocks rally may not be sustainable: Prudential

Prudential Asset management, which manages US$19 billion (RM69.35 billion) of life insurance money in the region, said the recent share market rally may not sustain because real recovery after a banking crisis will take years....More