Aegon to sell UK business for 2 billion pounds to Standard Life

Aegon

15/04/2026 06:11

Corrects paragraph 1 to say deal was announced on Wednesday

April 15 (Reuters) - Aegon AEGN.AS said on Wednesday it had reached an agreement with Standard Life SDLF.L to divest its UK business for a total consideration of 2 billion pounds ($2.7 billion).

The deal would consist of a cash amount of 750 million pounds and 181.1 million shares in Standard Life, Aegon said.

($1 = 0.7372 pounds)

(Reporting by Jakob Van Calster, editing by Milla Nissi-Prussak)

((jakob.vancalster@thomsonreuters.com))