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Prudential is said to mull IPO for Malaysian unit: IFR Asia

Prudential is said to mull IPO for Malaysian unit: IFR Asia

STOLKHOLM (April 20): Prudential has started meeting banks for a potential US$500m-US$1b IPO of its Malaysian unit, after struggling to get the valuation it wants through a sale, IFR Asia reports, citing unidentified people with knowledge of transaction.

* NOTE: Sept 19, Prudential, Tokio Marine are said to plan Malay stake sale: WSJ
 

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