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Prudential Targets Up to $2.89 Billion in HK Share Offering - Bloomberg

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Prudential Plc plans to raise up to $2.89 billion in a new share offering in Hong Kong as the insurance giant eyes long-term growth opportunities in Asia and Africa.

Prudential intends to offer as many as about 130.8 million shares, or up to 5% of its issued share capital, on the Hong Kong stock exchange through a concurrent public offer and international placing to increase its Asian shareholder base, it said in a statement on Saturday.

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September 18, 2021 at 02:37PM
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Prudential Targets Up to $2.89 Billion in HK Share Offering - Bloomberg
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