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Prudential closes on Assurance IQ buy

|About: Prudential Financial, Inc. (PRU)|By:, SA News Editor

Prudential Financial (NYSE:PRU) completes its acquisition of Assurance IQ, a direct-to-consumer consumer platform for individuals seeking health and financial wellness solutions.

Prudential agreed in September to acquire the business for $2.35B upfront plus an additional earnout of up to $1.15B in cash and equity based on achieving growth objectives.

Previously: Prudential Financial to buy Assurance IQ for $2.35B plus earnout (Sept. 5)

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