CHICAGO — Prudential Financial Inc. said Thursday that it intends to exercise its right under an option to sell to Wells Fargo Co. its Wachovia Corp. joint-venture interests, valued at more than $3.7 billion after tax on Jan. 1.

In a filing with the Securities and Exchange Commission, Prudential, a Newark, N.J., financial-services company, said it expects the closing of the put transaction would occur on or about Jan. 1, 2010.

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