Brief: Aegon To Sell Aegon Uk To Standard Life For A Total Consideration Of GBP 2.0 Bln

Aegon

15/04/2026 06:06

April 15 (Reuters) - Aegon Ltd AEGN.AS:

AEGON TO SELL AEGON UK TO STANDARD LIFE FOR A TOTAL CONSIDERATION OF GBP 2.0 BILLION

TRANSACTION IS EXPECTED TO CLOSE AROUND END OF 2026

RECEIVES GBP 2.0 BILLION IN PROCEEDS INCLUDING 15.3% STANDARD LIFE STAKE AND GBP 0.75 BILLION CASH

CASH PROCEEDS EXPECTED TO BE USED FOR DELEVERAGING AND SHARE BUYBACKS AFTER COMPLETION

GROUP OPERATING RESULT RUN-RATE EXPECTED TO GROW 5% PER ANNUM 2025-2027 FROM EUR 1.3-1.5 BILLION BASE

DEAL TO REDUCE SOLVENCY RATIO BY 5 PTS, INCREASE SHAREHOLDERS’ EQUITY BY EUR 1.1 BILLION

DIVIDEND PER SHARE EXPECTED TO GROW OVER 5% PER ANNUM

FREE CASH FLOW RUN RATE EXPECTED TO INCREASE 5% PER ANNUM 2025-2027, ADJUSTED FOR UK DIVESTMENT

OCG EXPECTED TO GROW 0%-5% PER ANNUM 2025-2027 FROM EUR 0.7-0.75 BILLION BASE

Source text: nGNEGCk91

Further company coverage: AEGN.AS

 (Gdansk Newsroom)

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