Economy
Prudential agrees to sell operations in Brazil and Mexico to CNP for $4 billion
The transaction between the insurance companies is expected to be completed in the second half of 2027 and depends on regulatory approvals to transfer the Latin American businesses.
You have used your 3 free reads for today
The full text of this story becomes available after the daily renewal. Sports and entertainment stay open. The paid subscription is not open yet.
Your free reads renew on 11/15/2026 at 00:00 (Brasília time).
The essentials of this story
- What happened
- Prudential Financial announced the sale of its operations in Brazil and Mexico to the CNP Assurances group for $4 billion.
- Who is affected
- Clients and employees of Prudential's operations in Brazil and Mexico, as well as the Prudential and CNP Assurances groups.
- What changes
- Prudential's Latin American operations are expected to pass under the control of CNP Assurances in the second half of 2027, provided regulatory approvals are obtained.
Create a free account to keep reading: 3 full stories a day.
The paid subscription is not on sale yet. Free sign-up already works. Planned monthly price: R$ 9.90 (in US dollars and euros, a direct conversion at the official rate on the day you subscribe).