Pru ruled out of Standard bid - papers 21st April

According to the paper, Prudential unveiled a forecast-beating 27% jump in first-quarter sales yesterday to £637m, boosted by its Asia division, and insisted it could thrive on its own despite cut-throat UK competition. Standard Life admitted on Tuesday it had received a string of proposals to buy "significant stakes" in the company, but the Pru is not believed to have been one of them. "The returns are not as good in the UK as in some other parts of the world," the paper qoutes a source familiar with the situation as saying.. Prudential, the UK's second-biggest insurer, is under press...