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Phoenix Group Holdings (PHNX.L)

PHNX.L on London Stock Exchange

717.50GBp
9 Dec 2016
Change (% chg)

-5.00p (-0.69%)
Prev Close
722.50p
Open
718.00p
Day's High
722.00p
Day's Low
714.50p
Volume
917,176
Avg. Vol
916,119
52-wk High
809.65p
52-wk Low
610.22p

PHNX.L

Chart for PHNX.L

About

Phoenix Group Holdings is a specialist closed life assurance fund consolidator that specializes in the management and acquisition of closed life and pension funds. The Company operates through the Phoenix Life segment. The Phoenix Life segment provides a range of whole life, term assurance and pension products. The Company's... (more)

Overall

Beta: 1.40
Market Cap(Mil.): £2,818.70
Shares Outstanding(Mil.): 392.85
Dividend: 22.71
Yield (%): 6.33

Financials

  PHNX.L Industry Sector
P/E (TTM): 12.44 18.58 15.97
EPS (TTM): 0.58 -- --
ROI: -- 0.00 0.46
ROE: 5.96 6.03 16.55

BRIEF-Phoenix says 97.65 per cent of new shares have been subscribed

* 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

Nov 09 2016

BRIEF-Phoenix Group completes acquisition of AXA business

* Announces completion of acquisition of AXA Wealth's pensions and protection businesses Source text for Eikon: Further company coverage:

Nov 01 2016

BRIEF-Phoenix Group shareholders approve resolutions over Abbey Life deal

* 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)

Oct 24 2016

UK's Phoenix to buy Deutsche Bank's Abbey Life for $1.22 bln

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.

Sep 28 2016

BRIEF-Phoenix Group to buy Abbey Life 935 mln pounds

* Consideration and estimated expenses to be financed through fully underwritten rights issue to raise 735 mln stg, 250 mln stg new bank facility

Sep 28 2016

UK's Phoenix in advanced talks to buy Deutsche Bank's Abbey Life

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.

Sep 16 2016

Deutsche Bank nears sale of UK insurance unit to Phoenix Group

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.

Sep 15 2016

UPDATE 2-UK Stocks-Factors to watch on Aug. 25

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 2016

Life insurer Phoenix says Solvency II surplus impacted by Brexit

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 25 2016

Deals of the day- Mergers and acquisitions

Aug 2 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:

Aug 02 2016

Earnings vs. Estimates