WebApr 3, 2024 · Sun Life Financial, Inc. ( SLF, SLF.TO) announced Monday it has completed the sale of SLF of Canada UK Ltd. to Phoenix Group Holdings plc ( PHNX.L ). Headquartered in London, Phoenix Group is the UK's largest long-term savings and retirement business with more than 12 million customers and 260 billion pounds of assets under administration. WebApr 10, 2024 · Sun Life Financial, Inc. engages in the provision of insurance and asset management solutions to individual and corporate clients. It operates through the following segments: Canada, United States, Asset Management, Asia, and Corporate. The Canada segment offers individual insurance and group benefits and retirement services.
Phoenix Group to acquire Sun Life UK - Investis Digital
WebAug 4, 2024 · Phoenix (PHNX.L) has bought closed life insurer Sun Life of Canada's UK unit for 248 million pounds ($301 million) in cash, it said on Thursday and its chief executive … WebAug 4, 2024 · * Phoenix Group to acquire SLF of Canada UK ("Sun Life UK"), a closed book UK life insurance company, for GBP248 million, funded from existing cash resources * Attractive transaction... immediate supply of information system sii
Phoenix Group frontrunner to buy rival Sun Life Financial Times
WebAug 4, 2024 · Phoenix Group is set to acquire closed book UK life insurance company Sun Life UK for £248m, funded from existing cash resources. The deal is expected to deliver … WebApr 3, 2024 · The London-based insurance services provider acquired SLF of Canada UK, or Sun Life UK, for GBP248 million. Sun Life UK is a life insurer based in Toronto. Phoenix previously said the acquisition, which would be fully funded from existing cash resources, is expected to deliver around GBP470 million of incremental long-term revenue. WebApr 23, 2024 · Sun Life Financial Inc. (TSX:SLF) agreed to acquire PinnacleCare International, LLC for $85 million on April 23, 2024. PinnacleCare will become part of Sun Life’s U.S. Stop-Loss & Healthbusiness. The transaction is subject to satisfaction of customary closing conditions, including receipt of regulatory approval. immediate surrounding area