Prudential Financial announces sale of Prudential of Brazil and Prudential of Mexico to CNP Assurances

Prudential Financial agreed to sell Prudential of Brazil and Prudential of Mexico to CNP Assurances for $4.025 billion in cash, subject to closing adjustments. The deal advances Prudential's plan to exit emerging markets and redirect capital toward retirement, asset management and select protection businesses in the U.S., Japan and select European markets. It follows recent JV stake sales in Indonesia, South Africa and Kenya that closed October 13. Closing is expected in the second half of 2027, subject to regulatory approvals.

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