You are here

COMMENTARY

Will Dan Loeb turn Prudential into an AIA?

Billionaire activist investor wants board to create value for shareholders by restructuring the group and spinning out PruAsia as a separate entity

rk_Daniel Loeb_260220.jpg
If billionaire activist investor Daniel Loeb's campaign to have Prudential Plc separate its Asian and US operations into two public listed companies gains traction, Singapore investors might briefly experience the thrill of having an insurance stock in the local market that trades like Hong Kong's AIA Group.

IF BILLIONAIRE activist investor Daniel Loeb's campaign to have Prudential Plc separate its Asian and US operations into two public listed companies gains traction, Singapore investors might briefly experience the thrill of having an insurance stock in the local market that trades like Hong Kong...