Prudential Financial May Sell Some Korean Units
Stock quotes in this article:
PRU
NEWARK, N.J. (AP) — Prudential Financial Inc. said it may sell its Korean investment and fund management units.
The insurance and investment company said late Sunday that this includes the potential sale of the Korean operations known as Prudential Investments & Securities Co. Ltd. and Prudential Asset Management Co. Ltd., both based in Seoul, South Korea. But it said its plans do not affect Prudential's life insurance business in Korea, The Prudential Life Insurance Company of Korea Ltd. Prudential Financial had $580 billion of assets under management as of June 30.- Loading Comments...
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