Acquiring Company
Standard Life
Acquired Company
Aegon UK
Description
Standard Life has announced its acquisition of Aegon's UK insurance and pensions operations for £2 billion in a cash-and-shares transaction. This strategic move aims to enhance Standard Life's capabilities and improve its customer offerings. The company maintains a focus on achieving its financial targets while boosting cash generation. Chief Executive Andy Briggs expressed confidence in the future following this significant acquisition.
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Based on deal dataFrequently asked
Who acquired Aegon UK?
Aegon UK was acquired by Standard Life, based in City Of Edinburgh. The deal was reported on September 7, 2026. Standard Life plc is an investment company that specializes in asset management and financial advice. The company focuses on providing pension and retirement savings solutions to its customers. Standard Life is publicly traded (SLFPY) and operates in Financial Services.
When did Standard Life acquire Aegon UK?
Standard Life's acquisition of Aegon UK was reported on September 7, 2026. Standard Life has announced its acquisition of Aegon's UK insurance and pensions operations for £2 billion in a cash-and-shares transaction. This strategic move aims to enhance Standard Life's capabilities and improve its customer offerings. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Aegon UK do?
Aegon UK is a prominent financial services company headquartered in Edinburgh, United Kingdom. It is privately held, operating in Financial Services, and is based in City Of Edinburgh.
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