Prudential gets first half Asia boost; demerger expected by year-end
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LONDON (Reuters) - British insurer Prudential on Wednesday posted a 14% rise in half year operating profit, driven by robust growth in its Asian business, sending its shares higher.Group operating profit from continuing operations, excluding its M&G Prudential unit, which Prudential said would be demerged in the fourth quarter, was 2.02 billion pounds, thanks to a similar growth in profit from its core Asia market."The group's performance has again been driven by our Asian business, where we..