Slaughter and May is advising Prudential plc on the proposed demerger of its UK & Europe business (M&G Prudential) from Prudential plc, resulting in two separately-listed companies. M&G Prudential will be an independent, capital-efficient UK & Europe savings and investment provider, headquartered in London and holding a premium listing on the London Stock Exchange. On completion of the demerger (which is subject to shareholder and regulatory approval), Prudential plc will be a leading international insurance group focused on high-growth opportunities in Asia, the US and Africa, headquartered in London and retaining its premium listing on the London Stock Exchange, its primary listing in Hong Kong, and other listings in Singapore and New York.