October 20, 2026
Willkie is representing Prudential Financial, Inc. (NYSE: PRU) in the sale of Prudential of Brazil and Prudential of Mexico to the CNP Assurances Group for $4.025 billion.
On October 20, Prudential announced that it entered into definitive agreements to sell Prudential of Brazil and Prudential of Mexico to CNP Assurances, a property and personal insurer and subsidiary of La Banque Postale, for an aggregate purchase price of $4.025 billion in cash. The transaction advances Prudential’s exit from emerging markets as well as its capital allocation strategy to drive long-term shareholder value.
Prudential Financial, Inc. is a global financial services leader and premier active global investment manager with approximately $1.6 trillion in assets under management as of June 30, 2026.
The Willkie team is led by partners Gregory Astrachan, Sarah B. Wong, Anna Martini G. Pereira and John Karol.