Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Prudential Exits AlexForbes as Motsepe’s ARC Boosts Stake

A firm linked to billionaire Patrice Motsepe is consolidating control of Alexander Forbes Group Holdings Ltd. through a deal that will see US financial-services giant Prudential Financial Inc. exit its investment in South Africa’s biggest standalone retirement-fund administrator.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

More in Finance & Markets

More from Friday 18 September →