🟢 Prudential Financial is trading 7.1% up in pre-market after agreeing to sell Brazil and Mexico businesses

Prudential Financial is trading at $123.50 (+7.1%) in pre-market after announcing agreements to sell its Brazil and Mexico businesses. - That compares with the October 20 close of $115.27. - The agreements sell its Brazil and Mexico businesses to CNP Assurances for $4.025 billion in cash, advancing its exit from emerging markets. - Closing is expected in the second half of 2027, subject to approvals; Reuters reported the sale is part of the effort to simplify the business and focus on core operations.