8-KItem 7.01 · Reg FD DisclosureItem 8.01 · Other EventsItem 9.01 · Financial Statements
Prudential to Sell Brazil and Mexico Businesses to CNP for $4.025 Billion
Filed with the SEC on · Summarized by InvestorsBot
Prudential Financial has agreed to sell Prudential of Brazil and Prudential of Mexico to CNP Assurances subsidiaries for $4.025 billion in cash, subject to closing adjustments. The transaction is expected to close in the second half of 2027 pending regulatory and other customary approvals, with Prudential planning to use the proceeds for capital allocation and investments in retirement, asset management and select protection businesses in the U.S., Japan and Europe.