Market Chatter: Prudential Financial's India Unit Draws Bids From 2 Local Firms

MT Newswires Live

Jan 31

Prudential Financial's (PRU) India asset manager, PGIM India Asset Management, received bids from at least two local firms, Bloomberg reported Friday, citing people with knowledge of the matter.

State Street Investment Management-backed Groww Asset Management and Edelweiss Asset Management submitted offers, the report said.

Negotiations are underway, and no agreement has been finalized, the report said.

Prudential Financial did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 110.66, Change: +0.79, Percent Change: +0.72

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p><p>Price: 110.66, Change: +0.79, Percent Change: +0.72</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PRU.AU","symbol_name":"PERSEUS MINING LTD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2607029855","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2607029855","pubTimestamp":1769803203,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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