


| UK's Prudential Retreats From US With Stake Sale |
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U.K. insurer Prudential PLC has taken a step back from the U.S. as it focuses on Asia, agreeing to sell a stake in its U.S. business to Athene Holding Ltd. for $500 million. The investment from Athene, which is backed by New York buyout firm Apollo Global Management Inc., comes as Prudential prepares an initial public offering for its U.
Posted: 2020-06-18 15:10:00
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