Taking Stock 

Prudential confirms separation of US businesses

Mark Robinson

Prudential confirms separation of US businesses

Prudential (PRU) has provided a definitive statement of intent on its US interests at the half-year mark, while confirming that it will adopt a new dividend policy aligned to the Asia and Africa growth strategy and to the intended separation of the businesses Stateside. Prudential will now split off Jackson from the group, commencing with a minority IPO planned for the first half of 2021 and a “full divestment over time”.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now