Transamerica Owner Aegon to Sell U.K. Unit to Standard Life for $2.7 Billion - WSJ

Transamerica Owner Aegon to Sell U.K. Unit to Standard Life for $2.7 Billion  WSJ

Standard Life buys Aegon UK for £2bn

Deal comes as large insurers and asset managers compete more aggressively for UK pension assets

Aegon offloads 200-year-old UK business to Standard Life for £2bn

Deal will create pensions and savings group with 16m customers and £480bn of assets, while Aegon focuses on US The Dutch financial services group Aegon has struck a £2bn deal to sell off its almost 200-year-old UK arm to Standard Life, as part of a US push in which the group will be rebranded as Transamerica. Standard Life, previously known as Phoenix Group, said the deal to buy Aegon UK will create a pensions and savings group with 16 million customers and £480bn of assets under administrati...

By Mark Sweney

Standard Life strikes £2bn deal to buy Aegon UK

Dutch financial firm Aegon will own a 15.3% stake in the combined group following the deal.

By Holly Williams

Aegon to sell UK unit to Standard Life for £2B deal

Dutch insurance giant Aegon sells off British division in £2 billion deal

Aegon is offloading its UK business to rival Standard Life in a transaction valued at 2 billion pounds, or about 2.3 billion euros.

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