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Prudential seeking bids for South Korea unit – Edaily


Goldman Sachs, which is advising Prudential Financial (NYSE:PRU) on the sale of its life insurance unit in South Korea, sent information to potential buyers, Edaily reports, citing people in the investment banking industry.

Initial bid deadline may be after Jan. 20.

KB Financial (NYSE:KB) and Woori Financial (NYSE:WF) may be potential buyers.

Source: M A News on Seeking Alpha