Prudential Financial Agrees To Sell Prudential Of Brazil And Prudential Of Mexico To CNP Assurances Group For Aggregate Purchase Price Of $4.025B In Cash
Transaction advances Prudential’s exit from emerging markets and disciplined capital allocation to drive long-term shareholder valuePrudential Financial, Inc. (NYSE:PRU) today announced that it has entered into
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Why It Matters
Prudential is selling its Brazil and Mexico insurance businesses for 4 billion dollars. This means the company is leaving those countries to focus on stronger markets.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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