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Goldman To Advise U.S. Prudential Financial In South Korea Sell

By John F. Heerdink, Jr.

The Goldman Sachs Group, Inc. (GS) is one of the world’s leading investment bankers & also a securities and investment management firm that offers a wide range of financial services with a diversified client base.

Reportedly, U.S. life insurer Prudential Financial has hired Goldman Sachs to sell its South Korean unit marking its move to exit from the South Korean market after 30 years of service.

The sale, which could possibly fetch in 2 trillion won ($1.70 billion) have large financial firms like KB Financial Group and Woori Financial Group as its potential buyers, as reported.

To learn more about The Goldman Sachs Group, Inc. (GS) and to continue to track its progress please visit the Vista Partners Goldman Sachs Group, Inc. (GS), Coverage Page.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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(Read Original Story: U.S. Prudential Financial hires Goldman for S.Korean unit sale - report in Reuters)


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