Investors book immediate profit on newly listed M&G

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Investors book immediate profit on newly listed M&G

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TD987P The M&G Investments logo is seen on an LED screen in the background while a silhouetted person uses a smartphone in the foreground (Editorial use only | Alamy Stock Photo

A group of shareholders in M&G have sold £117m ($150.3m) of stock in the company, following its demerger from its former parent Prudential, via an accelerated bookbuild.

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