Prudential Financial (PRU) Will Exit Its Entire Alexander Forbes Stake

Prudential Financial (NYSE:PRU) has announced plans to exit its entire investment in Alexander Forbes Group Holdings Limited. The exit forms part of Prudential Financial's wider move to withdraw from emerging markets and narrow its global footprint. The proposed transaction remains subject to shareholder and regulatory approvals before completion. Prudential Financial's move to sell its Alexander Forbes stake is only one part of a broader story for the group. Our analysis turns up 5 other...