You are here

Prudential to sell Vietnam finance unit for US$151m

Sale to S Korea's Shinhan Financial Group comes as UK insurer seeks to focus on core insurance arm in Asian nation

Bengaluru, India

PRUDENTIAL plc has agreed to sell its consumer finance business in Vietnam to a unit of South Korea's Shinhan Financial Group for US$151 million, as the UK's largest insurer seeks to focus on its core insurance arm in the South-east Asian nation.

Prudential Vietnam

sentifi.com

Market voices on:

Powered by GET.comGetCom