Prudential plc (NYSE:PUK) settled a legal dispute with Detik Ria, paying USD 83 million as a dividend and waiving USD 33 million owed. Both parties agreed to drop legal proceedings and not make future claims. PUK slightly increased its IFRS shareholder equity, reflecting Detik Ria’s ownership as a non-controlling interest.

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In a handshake image, trust and reliability in life insurance are highlighted. This article was originally published on Insider Monkey.

Read more at Yahoo Finance: Prudential plc (PUK) Announced Settlement of its Legal Dispute Detik Ria