Phoenix Group Holdings (PHNX.L)
22 Feb 2018
LONDON Britain's Phoenix Group Holdings is in talks to buy Standard Life Aberdeen's insurance business for about 3 billion pounds ($4.2 billion), a source with direct knowledge of the matter said on Thursday.
LONDON, Feb 22 Britain's Phoenix Group Holdings is in talks to buy Standard Life Aberdeen's insurance business for about 3 billion pounds ($4.2 billion), a source with direct knowledge of the matter said on Thursday.
BRIEF-Phoenix Group Says Central Management And Control, And Head Office Will Move From Jersey To United Kingdom
* WITH EFFECT FROM 31 JANUARY 2018 CENTRAL MANAGEMENT AND CONTROL, AND HEAD OFFICE, OF PGH WILL MOVE FROM JERSEY TO UNITED KINGDOM
* ALTICO CAPITAL DEPLOYS 12.50 BILLION RUPEES ACROSS FIVE DEALS IN HYDERABAD AND PUNE Source text: [Altico Capital, the non-banking finance company, promoted by Clearwater Capital, Abu Dhabi Investment Council and Varde Partners recently deployed INR 1,250 cr across five deals in Hyderabad and Pune. Altico invested INR 500 cr across two deals with Hyderabad based Phoenix group for construction and development of IT SEZ projects, INR 375 cr with Marvel group in Pune for a bouquet of projects, INR
DUBAI, Nov 29 Phoenix Group, a Dubai-based agricultural and food company, has secured a $205 million borrowing base loan, it said in a statement.
Aug 24 Phoenix Group, Britain's largest owner of closed life assurance funds, is considering buying some of the bulk annuity portfolios that have come on the market in recent months, it said on Thursday.
Aug 24 British life insurer Phoenix Group plans to compete "selectively on accretive" bulk annuity deals in response to the large number of portfolios on the market, it said on Thursday.
* 360 MILLION POUNDS OF CASH GENERATION 2 IN H1 2017 (H1 2016: £147 MILLION)