May 3, 2018 / 11:37 AM / 5 months ago

BRIEF-Phoenix says Co, Standard Life Aberdeen Actively Progressing With Separation And Integration Planning For Proposed Transaction

May 3 (Reuters) - Phoenix Group Holdings:

* PHOENIX AND STANDARD LIFE ABERDEEN ARE ACTIVELY PROGRESSING WITH SEPARATION AND INTEGRATION PLANNING FOR PROPOSED TRANSACTION

* STANDARD LIFE ABERDEEN CONTINUES TO ENGAGE WITH ITS UK REGULATORS IN RELATION TO FUTURE PRUDENTIAL SUPERVISION OF GROUP

* STANDARD LIFE ABERDEEN IS ALSO CONSIDERING POTENTIAL FOR A SUBSTANTIAL RETURN OF CAPITAL TO SHAREHOLDERS FOLLOWING COMPLETION

* CO “MADE GOOD PROGRESS WITH FINANCING” FOR DEAL, ISSUED INAUGURAL RESTRICTED TIER I BOND ON 26 APRIL; CONTINUES TO ENGAGE WITH REGULATORS Source text for Eikon: Further company coverage:

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