Prudential: Press Releases·· 2026-08-27AI Score25
Prudential completes sale of 2.0% stake in ICICI Prudential Asset Management Company
Prudential plc executes the sale of a 2.0 per cent stake of ICICI Prudential Asset Management
AI Summary
Prudential announced that its subsidiary, Prudential Corporation Holdings Limited, has completed the sale of a 2.0% stake in ICICI Prudential Asset Management Company through an open market sale process, at a final price of 3,065 Indian rupees per share, generating proceeds of approximately US$300 million. The net proceeds will be returned to Prudential shareholders through share buybacks.
Source:Prudential: Press Releases · prudentialplc.com