Comment on Activist hedge fund Third Point calls for break-up of Britain’s Prudential

Activist hedge fund Third Point calls for break-up of Britain’s Prudential

Hedge fund Third Point amassed a more than $2 billion stake in Prudential and called on the British insurer on Monday to split into two companies. Third Point’s demands, first reported by Reuters earlier on Monday, could lead to a major shake-up at Prudential, only a few months after it spun out its European insurance...

 

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