ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Prudential to split Asian and US businesses amid activist's pressure

Insurer to offer IPO for Jackson after Third Point presses company on share value

Third Point says Prudential's shares have lagged those of rival AIA Group's by 80% over the past five years. Both companies trade on the Hong Kong Stock Exchange.   © Reuters

HONG KONG -- Prudential PLC said on Wednesday it planned a partial public offering of its U.S. business, falling short of the full separation from its remaining Asian unit that an activist investor has demanded.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more