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British insurer Prudential mentioned it had bought a majority stake in Nigeria's Zenith Life to give it entry to the African nation's fast-rising insurance coverage market. Royal Dutch Shell Plc said it will promote its γιαty five percent stake in the Corrib gas enterprise to a unit of Canada Pension Plan Funding Board (CPPIB) για up to $1.23 billion, marking the oil firm's exit from the upstream enterprise in Ireland. Australia and New Zealand Banking Group is near a deal to promote its Malaysian banking stake to a pension fund and exit the Southeast Asian nation, sources accustomed to the matter said, in a transaction that could possibly be price round $900 million.
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