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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 | |
---|---|---|---|---|---|---|---|---|---|---|
4.20 | 0.58% | 731.00 | 730.80 | 731.20 | 738.20 | 725.80 | 736.00 | 392,745 | 09:14:39 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Life Insurance | 12.19B | 1.7B | 0.6401 | 11.39 | 19.31B |
By Ian Walker
LONDON--Insurer Prudential PLC (PRU.LN) said Thursday it is selling its life-insurance business in South Korea for about 119 million pounds ($148 million), as part of its strategy of focusing on core markets.
Prudential is selling Korea, PCA Life Insurance Co., Ltd. to Mirae Asset Life Insurance Co., Ltd. subject to regulatory approval.
The company added that it remains committed to the Korean market through Eastspring Investments, its Asian asset-management business.
-Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
November 10, 2016 04:00 ET (09:00 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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