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 administration.
https://www.theguardian.com/business/2026/apr/15/aegon-offloads-200-year-old-uk-business-to-standard-life">Continue reading...- Standard Life buys rival in £2b deal to create pension and savings giant The Independent —
- Standard Life snaps up Aegon UK for £2bn to create savings giant City AM —
- Standard Life buys Aegon UK for £2bn Financial Times —
- Aegon to sell UK insurance business to Standard Life RTE —
- Standard Life strikes £2bn deal to buy Aegon UK The Standard —