WILL PRUDENTIAL’S PROSPECTUS WIN INVESTORS ROUND TO AIA?

NIC CLARKE | CHARLES STANLEY
"There are clear merits in doing the deal. It would be a truly transformational deal with the enlarged group generating around 60 per cent of its profit in Asia and would give it the number one market share in the region."

PAUL MUMFORD | CAVENDISH ASSET MANAGEMENT
"We have tremendous confidence in the management expertise at Prudential and if anyone can make a deal of this magnitude stick, it is them. They will in all likelihood convince shareholders to back them."

BARRIE CORNES | PANMURE GORDON
"The update and terms of the rights issue have not changed our earlier view that Prudential is overpaying for AIA. Targets have increased slightly, but, offsetting this, there is an increased cost of the acquisition following the forced switch from senior to hybrid debt."