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.

Read more