Standard Life Aberdeen PLC (SLA.L)
23 May 2018
Tue, May 8 2018
LONDON Standard Life Aberdeen (SLA) has launched a contract dispute process against Lloyds Banking Group over the lender's decision to cancel a 109 billion pound ($147 billion) asset management contract.
LONDON, May 8 Standard Life Aberdeen (SLA) has launched a contract dispute process against Lloyds Banking Group over the lender's decision to cancel a 109 billion pound ($147 billion) asset management contract.
LONDON, May 8 Standard Life Aberdeen said on Tuesday it had begun dispute resolution talks with Lloyds Banking Group after the lender gave notice to cancel an agreement to manage more than 100 billion pounds ($135.88 billion) of its assets.
Britain's Standard Life Aberdeen (SLA) said on Thursday it was considering the potential for a "substantial" return of capital to shareholders after it completes a deal to sell the bulk of its insurance business to Phoenix Group .
May 3 Standard Life Aberdeen on Thursday said it was considering the potential for a "susbtantial" return of capital to shareholders after its deal to sell the bulk of its insurance business to Phoenix Group closes.
BRIEF-Phoenix says Co, Standard Life Aberdeen Actively Progressing With Separation And Integration Planning For Proposed Transaction
* PHOENIX AND STANDARD LIFE ABERDEEN ARE ACTIVELY PROGRESSING WITH SEPARATION AND INTEGRATION PLANNING FOR PROPOSED TRANSACTION
* SAID ON FRIDAY AGGREGATE OF STANDARD LIFE ABERDEEN PLC REDUCED VOTING RIGHTS IN THE COMPANY TO 1.94 PERCENT FROM 3.68 PERCENT
Phoenix Group said it would not change tack and buy open books of insurance, following a recent deal to buy the majority of Standard Life Aberdeen's insurance business and become Europe's largest manager of books of mature business.
* OFFERS CONSTITUTE SLI OFFERING UP TO 8.01% AND HDFC LIMITED OFFERING UP TO 4.08% OF HDFC AMC'S EQUITY SHARES
* Chairman, three other board members to stand down (Adds 2017 pay for Gilbert)
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