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25

Jan

P&O awaits Bank Negara approval.

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Tuesday August 3, 2010. By The StarBizWeek. Petaling Jaya: Pacific & Orient Insurance Co Bhd (P&O) is seeking Bank Negara approval to begin discussions with Prudential Holdings Ltd for a stake sale to the latter. On July 29, P&O had written to Bank Negara to seek approval to begin preliminary discussions for the potential divestment of […]

25

Jan

Nod for Prudential-Pacific & orient talks.

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Friday 13 August 2010. By The StarBizWeek. Kuala Lumpur:Bank Negara has given the nod for Prudential Holdings Ltd to begin talks to buy a stake in insurer Pacific & Orient, according to a source with direct knowledge of the deal. Prudential Holdings, a subsidiary of Prudential PLC, is the latest foreign insurer keen to enter Malaysia’s growing […]

14

Jan

Analysts say Prudential-P&O merger may offer mutual synergies.

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Wednesday 4 August 2010. By The StarBizWeek. Petaling Java: The potential merger between Pacific & Orient Insurance Co Bhd (P&O Insurance) and Prudential Holdings Ltd is likely to result in mutual synergies, analysts said. While P&O Insurance would be able to leverage on Prudential’s strong name to sell its products, Prudential in turn, may leverage on P&O Insurance’s […]

14

Jan

Prudential UK eyes P&O takeover.

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Saturday 31 July 2010. By The StarBizWeek. Details of M&A still remain unclear. Petaling Java: Prudential UK is believed to have submitted an application to Bank Negara to commence talks on the potencial acquisition of local general insurance company. Pacific & Orient Bhd (P&O). However, the details of the potential merger and acquisition (M&A) exercise between the two […]