Prudential Plc Sells 2% Stake in Indian Asset Manager for $327 Million

To comply with minimum public shareholding regulations, UK-based Prudential is divesting a portion of its holdings in India's second-largest asset manager.

26 Aug, 13:07 — 26 Aug, 13:07

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bloombergHigh3d ago

Prudential to Sell 2% for $327 Million in India Asset Manager

Prudential Plc plans to sell a 2% stake in India’s second-largest asset manager for as much as $327 million to comply with minimum public shareholding rules.

By Ranjani Raghavan and Rajesh Mascarenhas

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Prudential Plc Sells 2% Stake in Indian Asset Manager for $327 Million

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Prudential to Sell 2% for $327 Million in India Asset Manager

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