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Prudential slashes dividend as it retreats from the US: Insurer to focus on fast-growing markets in Asia and Africa By Matt Oliver For The Daily Mail Published: 22:01 BST, 11 August 2020 | Updated: 22:01 BST, 11 August 2020 Insurance giant Prudential slashed the dividend in half as it announced plans to spin off its … Read more
Prudential plans listing or partial sale of its US arm following pressure from activist investor Prudential has been urged by Third Point to spin off its US arm The activist investor wants the Pru to focus on Asian markets instead Third Point built a 5 per cent stake in the Pru By Daily Mail City & … Read more
The activist demand that the Prudential sell its American arm Jackson Life was a bit of a shock. But the idea will be familiar to the Pru board, chaired by City grandee Paul Manduca. As part of a continuing strategic review, the future of America’s top annuity insurer Jackson Life has been under discussion for … Read more
Prudential bosses in shake-up talks BEFORE hedge fund called for a break-up By Lucy White For The Daily Mail Published: 21:55 GMT, 26 February 2020 | Updated: 21:55 GMT, 26 February 2020 Prudential was planning a major overhaul before US hedge fund Third Point demanded a break-up this week. The 172-year-old life insurer, which is … Read more
The Prudential can keep its London listing and expand abroad, says billionaire investor By Lucy White For The Daily Mail Published: 23:45 GMT, 25 February 2020 | Updated: 23:45 GMT, 25 February 2020 The billionaire hedge fund boss who attacked the Prudential has been forced to back down over his demand to shift its listing … Read more
Prudential could end 172-year presence in the UK as it comes under attack from billionaire US tycoon By Lucy White For The Daily Mail Published: 21:55 GMT, 24 February 2020 | Updated: 22:11 GMT, 24 February 2020 The boss of Barclays is preparing to stand down after a storm of controversy over his friendship with … Read more
Pensioners are being forced to look for work and cancel holidays amid a payments backlog at one of Britain’s biggest insurers. One reader told Money Mail he had been waiting for the Prudential to release his pension pot for almost a month, while another had to wait three months for compensation. Savers have also complained … Read more