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Prudential's AIA Deal Creates $660 Million 'Windfall'

Written by from on March 4th, 2010 | 0 Comments

March 01, 2010, 9:03 PM EST
(Adds JPMorgan in the second paragraph.)
March 1 (Bloomberg) — Prudential Plc’s $35.5 billion agreement to buy an Asian life insurance unit from American International Group Inc. may generate $660 million in fees for investment bankers, according to research firm Freeman & co.
Credit Suisse Group AG, Lazard [...]