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Prudential plans to list JV with ICICI mutual fund
Financial Express Chennai
|February 13, 2025
BRITISH INSURER AND asset management company Prudential Plc announced on Wednesday that it is evaluating a potential listing of ICICI Prudential Mutual Fund, India's second-largest fund house.
"It is intended that following the completion of such a divestment, the net proceeds would be returned to shareholders. We will provide a further update at an appropriate time. India is a strategically important market for Prudential with compelling growth prospects," Prudential said in a statement, adding that it will continue to explore opportunities to g
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