Brief: Prudential Disposes Interests In ICICI Prudential Asset Management Company
BRIEF-Prudential Disposes Interests In ICICI Prudential Asset Management Company Aug 27 (Reuters) - Prudential PLC PRU.L:
DISPOSAL OF FURTHER INTERESTS IN ICICI PRUDENTIAL ASSET MANAGEMENT COMPANY LIMITED
DISPOSAL PRICE OF INR 3,065 PER IPAMC SHARE
UNIT REDUCED ITS HOLDING IN IPAMC FROM 49% TO 34.59%
DISPOSAL GENERATED PROCEEDS OF INR 30 BILLION
AT COMPLETION OF DISPOSAL, PCHL'S SHAREHOLDING IN IPAMC DECREASED TO 32.59%
PCHL ENTERED INTO AND SUCCESSFULLY COMPLETED ON-MARKET DISPOSAL OF 9.9 MILLION IPAMC SHARES
Further company coverage: PRU.L
((Reuters.Briefs@thomsonreuters.com;))