Discovery acquires PruHealth stake
Discovery has agreed to acquire a remaining 25% stake in the holding company which owns PruHealth and PruProtect.
The agreement will see Discovery acquire Prudential’s remaining 25% stake in the joint venture for £155 million, with immediate effect, valuing the business at approximately £620 million.
The acquisition supports Discovery's ambition to establish a second home market in the UK, for a
company which generates £4.5bn of revenue globally, has a FTSE 100 market capitalisation
equivalent, and employs over 10,000 people worldwide.