Prudential Plc

Sources say Citigroup Inc intends to give two insurers rights to distribute products in Asia

Sources interviewed by Bloomberg said Citigroup Inc is planning to give distribution rights to sell its products in Asia to at least two insurance firms.

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Prudential decides to sell unit in Japan to SBI worth US$85 Million

Prudential Plc agreed to sell its PCA Life Japan unit to SBI Holdings Inc. for US$85 million.

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Swiss Re in negotiations with Phoenix about Admin Re merger

Swiss Re announced that they are in preliminary talks with Phoenix Group Holdings for possible merger

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Deals of the day -- mergers and acquisitions

Bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1030 GMT on Thursday.

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