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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 | |
---|---|---|---|---|---|---|---|---|---|---|
23.60 | 3.35% | 728.60 | 724.40 | 724.60 | 726.00 | 711.40 | 711.40 | 31,739,208 | 16:35:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Life Insurance | 12.19B | 1.7B | 0.6178 | 11.73 | 19.94B |
By Adria Calatayud
Prudential PLC (PRU.LN) said Tuesday that it has agreed to sell its Vietnamese consumer-finance unit, Prudential Vietnam Finance Company Ltd., to a subsidiary of South Korea's Shinhan Financial Group Ltd. (055550.SE) for $151 million.
Prudential and Shinhan's subsidiary--Shinhan Card Ltd.--have also agreed a new long-term bancassurance partnership in Vietnam and Indondesia, the U.K. financial-services group said.
Prudential Vietnam Financial Company was launched in 2006 and is the fourth-largest consumer finance company by outstanding loan balance in Vietnam, Prudential said.
Write to Adria Calatayud at adria.calatayudvaello@dowjones.com
(END) Dow Jones Newswires
January 23, 2018 01:55 ET (06:55 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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