Prudential Life Korea sold to KB Financial for US$1.9bn
By Insurance Asia | April 14, 2020
KB Financial has acquired 100% of Prudential Life Korea for W2.3 trillion (US$1.9 billion).
The South-Korean financial giant beat out other potential buyers — including private equity firms MBK Partners and Hahn & Company — in a bidding war that saw KB Financial offer the highest price.
Read More »Prudential Life Korea sold to KB Financial for US$1.9bn