Prudential to spin off M&G business

Two separately-listed companies

Beth Brearley
clock • 2 min read

Prudential is to separate M&G Prudential from the insurance business to create two separately-listed companies.

The two businesses will have their own distinct investment prospects, the firm said today, with M&G Prudential lined up to be "an independent, capital-efficient UK and Europe savings and investment provider" and Prudential aiming to be "a leading international insurance group focused on high-growth opportunities in Asia, the US and Africa".   Both companies will be headquartered and listed on the London Stock Exchange.   When the demerger completes - subject to shareholder and regulatory approval - shareholders will have holdings in both Prudential and M&G Prudential. The Prudential...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

Marlborough develops bespoke portfolio service for advisers' HNW clients

Marlborough develops bespoke portfolio service for advisers' HNW clients

Developed and headed up by Edward Kennedy

Isabel Baxter
clock 22 April 2025 • 3 min read
Shackleton launches personal injury division

Shackleton launches personal injury division

Facilitated by acquisition of IM Asset Management and TWP Wealth

Isabel Baxter
clock 22 April 2025 • 2 min read
Scottish wealth firm declared failed by FSCS

Scottish wealth firm declared failed by FSCS

Over investment and pension advice

Isabel Baxter
clock 17 April 2025 • 1 min read