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16.12.2009 | 01:59
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BRIEF-Wells Fargo and Prudential announce purchase price for noncontrolling interest

Dec 15 (Reuters) - Wells Fargo & Co:

* Wells Fargo and Prudential announce purchase price for noncontrolling

interest

* To pay $4.5 billion to purchase Prudential Financial inc's interest

in retail brokerage jv

* Prudential say Wells Fargo will acquire prudential's interest on or before

December 31

((New York Equities Desk; tel: +1 646 223 6000))

(For more news about Wells Fargo & Co click here:) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.

© 2009 AFX News

Link: http://www.finanznachrichten.de/nachrichten-2009-12/15713452-brief-wells-fargo-and-prudential-announce-purchase-price-for-noncontrolling-interest-020.htm