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Prudential Financial To Sell Brazil, Mexico Units To CNP Assurances For $4.03 Bln
Source: Nasdaq
M&A & RestructuringCompany Fundamentals
Prudential Financial agreed to sell its life insurance businesses in Brazil and Mexico to France’s CNP Assurances for $4.025 billion in cash. Prudential said the sale is part of its strategy to simplify operations and focus on key growth areas.
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