BusinessPrudential Sells $185M Stake in Alexforbes, Exits Emerging Markets
On September 18, Prudential Financial announced it will sell all its shares in Alexforbes, a Johannesburg Stock Exchange-listed company. The $185 million stake is split between Alexforbes, repurchasing about 372.8 million shares, and ARC AF Holdings, acquiring around 74.1 million shares. This move marks Prudential's exit from emerging markets.
Insider Trading··Johannesburg


