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By BFN News | 01:58 PM | Friday 30 April, 2021 Jackson Financial Inc, the US business of Prudential plc, has revealed its additional independent directors ahead of its planned separation from Prudential. These appointments to the Jackson Board of Directors are expected to become effective upon completion of the proposed demerger. Joining the board will be Gregory T. Durant, Derek G. Kirkland, Martin J. Lippert. Russell G. Noles and Esta E. Stecher. Durant currently serves as vice chairman of Deloitte LLP, where during his career, among other responsibilities, he oversaw Deloitte's policy ...

Prudential and Jackson provide update on board appointments in anticipation of demerger

Update on Prudential plc Board Appointments   Jackson Financial Inc. ("Jackson"), the US business of Prudential plc ("Prudential"), today announces additional independent directors ahead of its planned separation from Prudential. These appointments to the Jackson Board of Directors (the "Jackson Board") are expected to become effective upon completion of the proposed demerger.    At that time, the Jackson Board will include Non-Executive Chair Steven Kandarian and Jackson Chief Executive Officer Laura Prieskorn, who will serve as an executive director. The additional independen...

* Selling around $3 billion in convertible bonds * To fund R&D for autonomous vehicle, drone deliveries HONG KONG, April 19 (Reuters) - Chinese food delivery giant Meituan launched a deal on Monday to raise up to $10 billion in shares and convertible bonds to help fund the research and development of autonomous vehicle and drone delivery services. Meituan, whose services also include restaurant reviews and bike sharing, will raise $7 billion in the equity sale and sell $3 billion in convertible bonds, according to a term sheet seen by Reuters. The company declined to comment. Meituan's move c...

KKR eyes YIDO for another eco-friendly investment here Posted : 2021-04-08 15:27 By Park Jae-hyuk KKR is in talks with YIDO to acquire around a 50 percent stake in the Korean property management company for around 200 billion won ($180 million), according to industry sources and media reports, Thursday. Considering that YIDO has been focusing on the waste management sector lately, the latest negotiation is interpreted as part of KKR's efforts to increase environmental investments here. Last year, the global private equity firm (PEF) became the second-largest shareholder of TSK by taking over...