Prudential Is Said to Seek $12 Billion Value on India JV Listing

  • Prudential may seek to file prospectus as soon as May
  • Potential share sale may help insurer raise about $1 billion
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Prudential Plc is considering seeking a valuation of about $12 billion for ICICI Prudential Asset Management Co. in a potential initial public offering of the Indian unit, according to people familiar with the matter.