Pru bosses 'shun' rebel shareholder Geffen

Robin Geffen, the leader of the revolt against Prudential's $35.5bn bid for AIA, has labelled the insurer's bosses "petty-minded" after claming he is being frozen out of talks with management following the collapse of the deal.

The founder and managing director of Neptune - which holds around $50m worth of Pru shares - says he has approached the company three times for a meeting since calling for members of the board to resign over the failed transaction, which left shareholders with costs of £450m, The Telegraph reports. "It's petty-minded," he says. "They have singled me out and won't have a meeting with me. "We have just written for a third time because we want to hear their plans for the future - after all we are one of the owners of the company. "This doesn't give me great confidence that the managem...