Brief: Standard Life Announces Partnership To Expand Pension Risk Transfer Business
BRIEF-Standard Life Announces Partnership To Expand Pension Risk Transfer Business Aug 20 (Reuters) - Standard Life PLC SDLF.L:
STANDARD LIFE PLC - LAUNCH OF UK PENSION RISK TRANSFER PARTNERSHIP
STANDARD LIFE - ANNOUNCES PARTNERSHIP TO EXPAND PENSION RISK TRANSFER BUSINESS
STANDARD LIFE - PARTNERSHIP TO BE FUNDED BY INITIAL CAPITAL COMMITMENT OF UP TO £2 BILLION OVER FIVE YEARS
STANDARD LIFE - TO CONTROL 51% OF SHAREHOLDER VOTING RIGHTS IN PARTNERSHIP AT COMPLETION
STANDARD LIFE - TO FUND £500 MILLION CAPITAL COMMITMENT OVER FIVE YEARS FROM EXCESS CASH GENERATION
STANDARD LIFE - FIRST CAPITAL CONTRIBUTION EXPECTED IN FIRST HALF OF 2027 FOLLOWING REGULATORY APPROVALS
Source text: ID:nRST3992Ra
Further company coverage: SDLF.L