Prudential to Sell 2% for $327 Million in India Asset Manager

Prudential Plc plans to sell a 2% stake in India’s second-largest asset manager for as much as $327 million to comply with minimum public shareholding rules.

By Ranjani Raghavan and Rajesh Mascarenhas · Bloomberg Markets

Prudential Plc plans to sell a 2% stake in India’s second-largest asset manager for as much as $327 million to comply with minimum public shareholding rules.