Prudential to spin off M&G business

Two separately-listed companies

Beth Brearley
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Prudential to spin off M&G
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Prudential to spin off M&G

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"...

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