Prudential plc announces the sale of Prudential Vietnam Finance Company Ltd and a new long-term bancassurance partnership in Vietnam and Indonesia with Shinhan Financial Group
- Written by Reporters
HONG KONG, CHINA - Media OutReach - 23 January 2018 - Prudential plc ("Prudential"), a UK-based financial services group, has reached an agreement to sell 100% of its consumer finance business in Vietnam, Prudential Vietnam Finance Company Limited ("PVFC"), for a consideration of US$151 million, subject to regulatory approvals. The agreement...