Phoenix Group Holdings (PHNX.L)
9 Dec 2016
* It had received valid acceptances in respect of 141,322,809 new shares representing 97.65 per cent of the new shares offered pursuant to its rights issue announced on 28 September 2016 to part finance the proposed acquisition of Abbey Life
* Announces completion of acquisition of AXA Wealth's pensions and protection businesses Source text for Eikon: Further company coverage:
* All resolutions regarding proposed acquisition of abbey life and associated rights issue were duly passed by a vote on a show of hands Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)
Sept 28 Phoenix Group Holdings, Britain's largest owner of life assurance funds closed to new customers, said it would buy Deutsche Bank AG's British insurance business Abbey Life Assurance Co for 935 million pounds ($1.22 billion) in cash.
* Consideration and estimated expenses to be financed through fully underwritten rights issue to raise 735 mln stg, 250 mln stg new bank facility
Phoenix Group Holdings , Britain's largest owner of life insurance funds closed to new customers, said on Friday it was in advanced talks to buy Deutsche Bank AG's British insurance business, Abbey Life Assurance.
Sept 15 Deutsche Bank AG is nearing a deal to sell its British insurance business Abbey Life Assurance Co to Phoenix Group Holdings, a person close to the matter told Reuters.
Aug 25 Britain's FTSE 100 index is seen opening down 13 points, or 0.2 percent lower on Thursday, according to financial bookmakers, with futures down about 0.2 percent ahead of the cash market open.
Aug 25 Phoenix Group Holdings, Britain's largest owner of life assurance funds closed to new customers, said Brexit and the sharp decline in long-term interest rates are factors that negatively impacted its Solvency II surplus.
Aug 2 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday: