Prudential said it entered into definitive agreements on October 20, 2026 to sell 100% of its interests in Prudential do Brasil Seguros S.A. and Prudential Seguros Mexico, S.A. de C.V. to the CNP Assurances Group.

1. 01

   Prudential said it entered into definitive agreements on October 20, 2026 to sell 100% of its interests in Prudential do Brasil Seguros S.A. and Prudential Seguros Mexico, S.A. de C.V. to the CNP Assurances Group.

2. 02

   Prudential said the aggregate purchase price for the two companies is approximately $4.025 billion in cash, subject to certain closing adjustments. It said additional deal terms were not disclosed.

3. 03

   The company said it expects the transaction to close in the second half of 2027, subject to receipt of regulatory approvals and satisfaction of customary closing conditions.

4. 04

   The company said it plans to use the sale proceeds to support its capital allocation priorities and to invest in retirement, asset management and select protection businesses in the U.S., Japan and select European markets. It also said the transaction is part of its plan to exit emerging markets, following the sales of its stakes in Indonesia, South Africa and Kenya joint ventures.

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