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Prudential PLC (PRU.L)

PRU.L on London Stock Exchange

1,703.50GBp
15 Aug 2018
Change (% chg)

-48.00 (-2.74%)
Prev Close
1,751.50
Open
1,758.50
Day's High
1,761.50
Day's Low
1,696.50
Volume
5,422,440
Avg. Vol
4,480,078
52-wk High
1,992.50
52-wk Low
1,650.00

Latest Key Developments (Source: Significant Developments)

Ping An Weighs Bid For Prudential's Asian Business- Bloomberg
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - :PING AN WEIGHS BID FOR PRUDENTIAL’S ASIAN BUSINESS- BLOOMBERG, CITING SOURCES.  Full Article

Prudential CEO -separate listing of M&G Prudential unlikely before late 2019
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - Prudential PLC ::CEO MIKE WELLS SAYS ~SEPARATE LISTING OF M&G PRUDENTIAL UNLIKELY BEFORE LATE 2019.CEO MIKE WELLS SAYS ~NOT PLANNING "RIGHT NOW" TO SELL ANY MORE OF ITS CLOSED LIFE BUSINESS.  Full Article

Prudential Group Of Companies Cuts Stake To 4.98 Pct In Coats Group
Monday, 6 Aug 2018 

Aug 6 (Reuters) - Coats Group PLC ::PRUDENTIAL PLC GROUP OF COMPANIES CUTS STAKE TO 4.98 PERCENT FROM 9.98 PERCENT IN COATS GROUP PLC - FILING.  Full Article

Prudential Says Anne Richards Resigns As CEO Of M&G Investments
Friday, 27 Jul 2018 

July 27 (Reuters) - Prudential PLC ::ANNE RICHARDS RESIGNS AS CHIEF EXECUTIVE OF M&G INVESTMENTS.CLARE BOUSFIELD TO BECOME CHIEF FINANCIAL OFFICER OF M&G PRUDENTIAL.ANNE RICHARDS RESIGNS FROM PRUDENTIAL PLC BOARD.JOHN FOLEY WILL TAKE ON ADDITIONAL RESPONSIBILITIES OF BECOMING CHIEF EXECUTIVE OF KEY REGULATED ENTITIES OF M&G AND PRUDENTIAL UK.  Full Article

Prudential CEO - Spin-Off of UK Division has nothing to do with Brexit
Wednesday, 14 Mar 2018 

March 14 (Reuters) - Prudential ::HAVE AROUND 20 BILLION STG CLOSED ANNUITY BOOK REMAINING, NO PLANS TO SELL.CEO - THERE ARE NO EXECUTIVE FINANCIAL INCENTIVES IN THE DEMERGER.CEO MIKE WELLS - SPIN-OFF OF UK DIVISION HAS NOTHING TO DO WITH BREXIT.  Full Article

Prudential Says Agreed To Sell Its Consumer Finance Business In Vietnam for $151 Mln
Tuesday, 23 Jan 2018 

Jan 22 (Reuters) - Prudential Plc ::PRUDENTIAL PLC - REACHED AGREEMENT TO SELL 100% OF ITS CONSUMER FINANCE BUSINESS IN VIETNAM, PRUDENTIAL VIETNAM FINANCE CO LTD, FOR $151 MILLION.PRUDENTIAL PLC - AGREEMENT IS WITH SHINHAN CARD CO., LTD., A SUBSIDIARY OF THE SHINHAN FINANCIAL GROUP, A LEADING KOREAN FINANCIAL INSTITUTION‍​.PRUDENTIAL PLC - PRUDENTIAL AND SHINHAN HAVE ALSO AGREED A NEW LONG-TERM BANCASSURANCE PARTNERSHIP IN VIETNAM AND INDONESIA.  Full Article

Capita Says Prudential's Life, Pensions Business Administration To be Transferred From Capita
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Capita Plc ::PRUDENTIAL SAID ADMINISTRATION OF ITS LIFE AND PENSIONS BUSINESS TO BE TRANSFERRED FROM CAPITA TO NEW SUPPLIER ON JULY 31.PRUDENTIAL'S LIFE AND PENSIONS OPERATIONS EXPECTED TO CONTRIBUTE REVENUE OF ABOUT 80 MILLION STG TO CAPITA IN FY 2017.‍CAPITA WILL CONTINUE TO ADMINISTER PRUDENTIAL'S INTERNATIONAL OPERATIONS​.  Full Article

Capita's Life, Pensions Business Administration To be Transferred From Capita
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Capita Plc ::‍ANNOUNCED THAT ADMINISTRATION OF ITS LIFE AND PENSIONS BUSINESS WILL BE TRANSFERRING FROM CAPITA TO A NEW SUPPLIER ON 31ST JULY 2018​.‍CAPITA WILL CONTINUE TO ADMINISTER PRUDENTIAL'S INTERNATIONAL OPERATIONS​.LIFE AND PENSIONS OPERATIONS ARE EXPECTED TO CONTRIBUTE REVENUE OF AROUND £80M TO CAPITA IN FULL YEAR TO DECEMBER 2017..  Full Article

Siam Commercial Bank and Prudential Thailand Sign Unit-Linked Bancassurance Partnership
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Prudential Plc ::SIAM COMMERCIAL BANK- HAS SGREED WITH PRUDENTIAL LIFE ASSURANCE AGREED TO ESTABLISH A BANCASSURANCE PARTNERSHIP.SIAM COMMERCIAL BANK- PARTNERSHIP TO JOINTLY DEVELOP AND PROVIDE INSURANCE SOLUTIONS FOR SCB'S WEALTH SEGMENT CUSTOMERS.SIAM COMMERCIAL BANK- SCB AND PRUDENTIAL THAILAND WILL INITIALLY OFFER THREE-UNIT LINKED PRODUCTS WITH BOTH REGULAR AND SINGLE PREMIUM OPTIONS.  Full Article

Prudential CEO says no decision on UK annuity book yet; eyes U.S. M&A
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - Prudential :CEO Mike Wells says Asia 'in some ways ours to lose'; need to get better in health and protection..Says still looking at bolt-on U.S. deals, yet to see one at the right price..Says still looking at external options for UK annuity business, no decision yet..Says excess capital from sale of UK annuity book would be returned to shareholders..CFO Mark Fitzpatrick says Asia growth broad-based, high quality; UK asset management wholesale inflows at record 9-month level..Says confident can grow dividend by 5 percent a year, "even under stress"..  Full Article

Deals of the day-Mergers and acquisitions

Aug 8 The following bids, mergers, acquisitions and disposals were reported by 1500 GMT on Wednesday: