Prudential Financial ropes in Goldman for South Korean unit sale

Prudential Financial ropes in Goldman for South Korean unit sale

The Prudential Financial Inc. Plaza stands in Newark, New Jersey, U.S., on Thursday, Jan. 25, 2018. Photographer: Victor J. Blue/Bloomberg

Prudential Financial Inc, the No. 1 U.S. life insurer, has hired Goldman Sachs to explore the possibility of selling its South Korean unit, which could fetch about 2 trillion won ($1.70 billion), Korea Economic Daily reported.

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