"In 2018, Phoenix Group agreed to acquire Standard Life Assurance from Standard Life Aberdeen for Β£2.9 billion. As part of the transaction Standard Life Aberdeen retained a stake in the combined group.[10]"
reuters.com
reuters.com
"βThere are too many insurance companies in a market which is consolidating and we are the natural beneficiaries,β outgoing Phoenix Chief Executive Clive Bannister told a media call on Friday."
en.wikipedia.org
en.wikipedia.org
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