Prudential to Merge M&G with Prudential UK & Europe
Posted on 08/10/2017
U.K.-based Prudential, a mega insurance company, revealed plans to merge its units Prudential UK & Europe and M&G into a singular business with £332 billion in assets under management. M&G is Prudential’s wholly-owned asset management arm. The new combined entity will be called M&G Prudential. The merger would give the insurance giant significant cost savings, […]
