Prudential sells stake in Jackson to Apollo Global-Athene for $500m: Reuters

British insurer Prudential has sold its minority stake in its U.S. arm Jackson to Athene Holding for $500 million, reported Reuters.

British insurer Prudential has sold its minority stake in its U.S. arm Jackson to Athene Holding for $500 million, reported Reuters. Athene is backed by Apollo Global Management.

Source: Reuters