Prudential Financial Agrees to Sell Brazil and Mexico Units for $4.025 Billion
Prudential Financial agreed to sell its life insurance businesses in Brazil and Mexico to CNP Assurances for $4.025 billion in cash. The company said the sale is part of its strategy to simplify operations and focus on key growth markets.
U.S. insurer Prudential Financial, Inc. (PRU) said on Tuesday that it agreed to sell its life insurance businesses in Brazil and Mexico to France’s CNP Assurances for 4.025 billion in cash. The sale is part of Prudential’s strategy to simplify its operations and focus on key growth market…