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Prudential


Prudential is to invest up to £100m in the 240MW Swansea Bay tidal energy project, which is under consideration by the Office for National Infrastructure Planning.
21-Oct-2014


Prudential is to invest £4m in a new apprenticeship programme that will recruit 40 young people a year in Reading, London and Stirling.
30-Jun-2014


Prudential is considering plans to relocate up to 1,000 Reading-based staff to new offices by 2015, having appointed Hicks Baker to find a site of about 80,000 sq ft.
14-Feb-2013


Prudential is seeking a suitable location for a new 60,000 sq ft headquarters for its insurance business in central London.
08-May-2012


Prudential is considering plans to relocate its headquarters to either Ireland or the Netherlands.
18-Sep-2008


Prudential has sold its PPM Capital private equity division to management for undisclosed terms.
12-Nov-2007


Prudential is to sell Egg, the Derby-based internet bank with more than 2,000 staff, to Citigroup for £575m.
30-Jan-2007


Prudential is to close its former Holborn Bar head office in London, as well as sites in Belfast and Bristol, in order to relocate 700 jobs to India and other parts of the UK.
27-Apr-2006


Prudential is to acquire Life Assurance Company of Georgia from ING for £137m, in order to expand its Jackson National Life business in the US.
22-Nov-2004


Prudential is planning to spend £100m a year expanding its life assurance operations in Asia, and hopes to open branches in 16 Chinese cities.
28-Aug-2003


Prudential is to sell its German life insurance business to Canada Life for £82m.
15-Nov-2002


Prudential has acquired Good Morning Investment Trust Management of South Korea for £14m.
17-Sep-2002


Prudential is to acquire ING's life insurance business in the Philippines, which includes 17 offices and 100 staff.
19-Jun-2002


Prudential is said to be planning to set up a new 38,000 sq ft divisional office at the PaddingtonCentral development in London.
11-Feb-2002


Prudential is to sell its general insurance business to Winterthur of Switzerland for £353m, and has also announced plans to shed up to 2,100 jobs at sites in London, Reading, Belfast and Stirling.
02-Nov-2001


Prudential is to acquire YoungPoong Life, the South Korean insurance company, from Korea Zinc for £20m.
23-Oct-2001


Prudential has terminated a £35m contract with Unisys for the development of systems for the online processing of new pensions and policies, and may look for a new partner.
13-Sep-2001


Prudential is to acquire American General of the US in a £15bn all-share deal, as part of a strategy to create a global financial services group.
13-Mar-2001


Prudential is to buy 88% of Core Pacific Securities Investment Trust Enterprise, the Taiwanese mutual fund company, for £71m, in order to expand its Asian business.
11-Oct-2000


Prudential is to set up a second call centre for its Egg internet bank in Derby, with the creation of 1,500 jobs.
04-Aug-2000


Prudential has announced plans for the £100m redevelopment of the Arndale centre in Manchester, which will provide an additional 300,000 sq ft of retail space.
03-Aug-2000


Prudential is to acquire Hung Fu Life Insurance Company of Taiwan for £30m, as part of a strategy to expand in northern Asia.
01-Jul-1999


Prudential has agreed a £1.9bn deal to acquire M&G Group, the fund manager, which is expected to create the UK's largest unit trust provider.
12-Mar-1999


Prudential is recruiting an additional 250 people at its call centre in Derby to cope with demand for its new Egg banking service.
20-Oct-1998


Prudential is selling its Australian and New Zealand operations to Colonial of Australia for £495m, prompting speculation that it may use the proceeds to acquire a UK branch network.
18-Aug-1998


Prudential is planning to expand the recently-acquired head office of Scottish Amicable in Stirling, with the creation of 500 jobs.
06-Aug-1998


Prudential is to create 1,500 jobs at a new £25m direct banking centre in Derby.
07-Feb-1998


Prudential has acquired the New Zealand life business of General Accident for £70m.
27-Mar-1997


Prudential Corporation is acquiring Scottish Amicable, the mutual life insurer, for £2.87bn, and will pay policyholders average windfalls of £1,400.
26-Mar-1997


The Prudential has sold Leven, its Dutch life assurance operation, to Achmea Group for undisclosed terms.
11-Jul-1996


Prudential is looking to buy other life companies, as it refocuses its activities.
14-Sep-1995