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Prudential Financial Announces Sale Of Prudential Of Brazil And Prudential Of Mexico To CNP Assurances

By Reuters News

Oct 20 (Reuters) - Prudential Financial Inc PRU.N:

  • PRUDENTIAL FINANCIAL ANNOUNCES SALE OF PRUDENTIAL OF BRAZIL AND PRUDENTIAL OF MEXICO TO CNP ASSURANCES

  • PRUDENTIAL FINANCIAL - DEAL VALUED AT $4.03 BILLION IN CASH

  • PRUDENTIAL FINANCIAL - DEAL EXPECTED TO CLOSE IN SECOND HALF OF 2027

  • PRUDENTIAL FINANCIAL INC: ADDITIONAL DEAL TERMS WERE NOT DISCLOSED.

  • PRUDENTIAL: TO USE PROCEEDS TO INVEST IN HIGHEST-PRIORITY GROWTH OPPORTUNITIES IN RETIREMENT, ASSET MANAGEMENT AND SELECT PROTECTION BUSINESSES

Further company coverage: PRU.N

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