Wednesday, March 22, 2006

More Deals Seen as Insurers Seek to Expand Markets

Reuters, Simon Challis and Ed Leefeldt, 22 March 2006More insurance takeover bids are likely in the wake of British insurer Aviva Plc's 17 billion pound offer for Britain's Prudential Plc, as companies jockey for position, but analysts are skeptical of a merger-and-acquisition spree.Although Prudential has rebuffed Aviva's approach, the news, along with recent reports of early takeover talks

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