--Prudential PLC could seek a valuation of around $12 billion for its asset-management joint venture with India's ICICI Bank, Bloomberg reports, citing unnamed sources.
--The Asia and Africa-focused insurance-and-investment company could file a draft prospectus for an initial public offering in Mumbai as early as May, Bloomberg reports.
--Prudential PLC said last month that it was considering listing the entity and divesting some of its shares through the process. It intends to return net proceeds from such a transaction to shareholders.
--Prudential PLC declined to comment to Reuters, while ICICI didn't respond to its request.
Full story: https://tinyurl.com/v48he78z
Write to Elena Vardon at elena.vardon@wsj.com
(END) Dow Jones Newswires
March 05, 2025 05:21 ET (10:21 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。