UPDATE 1-Macquarie shortlisted for Prudential assets -sources
* S. Korea units estimated to fetch below $500 mln -source
* Hanwha confirms on shortlist
* PE fund MBK Partners failed to make shortlist - source (Adds background, detail, Hanwha quote)
By Kim Yeon-hee
SEOUL, Jan 21 (Reuters) - Australia's Macquarie Group (MQG.AX: Cotización) and South Korea's Hanwha Securities (003530.KS: Cotización) are among the shortlisted bidders for Prudential Financial's (PRU.N: Cotización) two South Korean units, three sources told Reuters on Thursday.
One of the short-listed bidders, who declined to be identified because the process was confidential, said the sale of Prudential's South Korean securities and asset management businesses was expected to fetch less than $500 million.
Hanwha confirmed that it was one of the shortlisted bidders and said the process has made little progress so far.
"To our knowledge, we are included in the list," its spokesman said, reiterating that they expected a preferred buyer would be picked either later this month or early February. [ID:nTOE60B00V]