Pensions Get Punchy as Standard Life Buys Aegon UK for £2 billion.
Standard Life buys Aegon’s UK arm; Reeves to meet Bessent
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Morning, I’m Louise Moon from Bloomberg UK’s breaking news team, bringing you up to speed on today’s top business stories.
Big-time insurance deals just aren’t slowing down. Standard Life (formerly Phoenix Group) is buying the UK arm of Amsterdam-listed peer Aegon for a total of £2 billion.