Dutch insurer Aegon is selling its UK insurance business to Standard Life for $2.7 billion as part of its strategic shift to focus on US operations. The deal includes cash and a 15.3% stake in Standard Life, making Aegon the largest shareholder.
Dutch insurer Aegon is selling its UK insurance business to Standard Life for $2.7 billion as part of its strategic shift to focus on US operations. The deal includes cash and a 15.3% stake in Standard Life, making Aegon the largest shareholder.