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PRU Prudential Plc

719.20
-3.60 (-0.50%)
Last Updated: 15:07:32
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Prudential Plc LSE:PRU London Ordinary Share GB0007099541 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -3.60 -0.50% 719.20 719.00 719.20 725.60 713.00 715.60 2,146,607 15:07:32
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Life Insurance 12.19B 1.7B 0.6178 11.60 19.74B

Prudential Plc Sells U.S. Independent Broker-Dealer Network

16/08/2017 2:10am

Dow Jones News


Prudential (LSE:PRU)
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   By Joanne Chiu 
 

Prudential Plc. (PUK) said Wednesday that it has received all necessary regulatory approvals for the sale of its U.S. independent broker-dealer network to LPL Financial LLC.

The initial consideration of the deal is US$325 million and could rise up to US$448 million subject to certain transition criteria, the U.K.-based financial services group said. The sale is expected to be completed by the end of the first quarter of 2018.

 

Write to Joanne Chiu at joanne.chiu@wsj.com

 

(END) Dow Jones Newswires

August 15, 2017 20:55 ET (00:55 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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