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Thomas Watjen served as Unum Group president and chief executive from 2003 until his retirement in 2015. Watjen became Chairman of the Unum Group Board of Directors on May 21, 2015. He was succeeded as President and CEO by Richard McKenny. Unum is divided into five business segments: Unum US, Unum UK, Unum Ireland, Unum Poland and Colonial Life ...
The deal was later called off after negative Prudential shareholder reaction. [11] After the deal failed to go through, AIG announced plans to acquire American General for $23 billion in stock. [12] American General would continue to operate under AIG as their life insurance and retirement services subsidiary.
Under the deal, nearly $6 billion of IBM's defined benefit pension obligations will be transferred to Prudential Insurance Company of America. A defined benefit plan guarantees a specific payout ...
Prudential BSN Takaful Berhad (PruBSN) is a Malaysian takaful company. It was founded in 2006 and is a joint venture between Bank Simpanan Nasional and Prudential plc , who have 51 and 49 percent stakes respectively. [ 2 ]
Jackson subsidiaries and affiliates provide specialized asset management and retail brokerage services. Prior to being spun off in 2021, Jackson was a subsidiary of the British insurer, Prudential plc, which acquired the company for $608 million in 1986. [2] The company is unrelated to the American insurance conglomerate, Prudential Financial.
A week later Prudential Assurance offered £1.96 billion. [14] After AMP Limited also lodged a formal bid, which was rejected, Prudential Assurance succeeded with an offer of £2.8 billion. [15] The Wall Street Journal said, that with this deal, "Mergermania Has Hit European Companies". [16]
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