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Stock impact report

Prudential Is Said to Hire Citigroup for $1 Billion India IPO [Yahoo! Finance]

Prudential Public Limited Company (PUK) 
US:NYSE Investor Relations: investor.prudential.com
Company Research Source: Yahoo! Finance
Baiju Kalesh, Manuel Baigorri and Julia Fioretti Thu, February 13, 2025 at 7:22 AM GMT+1 1 min read In This Article PUK ICICIPRULI.NS C (Bloomberg) -- Prudential Plc has hired Citigroup Inc. to help work on a potential initial public offering of Indian unit ICICI Prudential Asset Management Co., according to people familiar with the subject. Most Read from Bloomberg Why American Mobility Ground to a Halt Saudi Arabia's Neom Signs $5 Billion Deal for AI Data Center SpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in May Cutting Arena Subsidies Can Help Cover Tax Cuts, Think Tank Says How to Build a Neurodiverse City A listing could raise about $1 billion, the people said, asking not to be identified because the matter is private. Preparations are preliminary and details could change, the people said, adding that other banks are likely to join. A Citigroup representative declined to comment and ICICI didn't respond to a query on the IPO. Prudent Show less Read more
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