Standard Life has agreed to buy Dutch rival Aegon’s UK business for 2 billion pounds ($2.7 billion), the companies said on Wednesday, expanding the British pension savings group’s reach to 16 million customers.
Standard Life said the cash-and-shares deal would also boost its managed assets by half to 480 billion pounds.
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“This makes us by some margin the market leader in the fast-growing UK savings and retirement markets,” Standard Life CEO An… [2131 chars]
Source: Reuters | Published: 2026-04-15T05:15:46Z
Credit: Reuters
