Twentieth century Prudential plc
holborn bars—traditional home of prudential
the company first listed on london stock exchange in 1978. in 1986, prudential acquired american insurer jackson national life. in 1997, prudential acquired scottish amicable, business founded in 1826 in glasgow west of scotland life insurance company, £1.75bn.
in 1998, prudential set egg, internet bank within uk. subsidiary reached 550,000 customers within 9 months had difficulty achieving profitability. in june 2000, initial public offering of 21% made allow further growth of internet business in february 2006 prudential decided repurchase 21% share of egg. egg subsequently sold citibank in january 2007. in 1999, m&g, uk fund management company, acquired. in june 2000, company first listed on new york stock exchange focus on market.
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