Prudential Buying U.S. Life Insurance Business from Swiss Re
It said the purchase would be made through Prudential’s U.S. subsidiary Jackson National Life Insurance Co.
Trading in Hong Kong-listed shares of Prudential was suspended earlier on Thursday pending the release of price-sensitive information, the Hong Kong stock exchange said.
Prudential last closed down 1.6 percent at HK$82.80 in Hong Kong and its London-listed shares closed down 3 percent at 673 pence.
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