S&P questions about ScotEq's future - papers 11th July

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The prospect of Scottish Equitable being put up for sale by its Dutch owner Aegon was increased yest...

The prospect of Scottish Equitable being put up for sale by its Dutch owner Aegon was increased yesterday, after ratings agency Standard & Poor's cut its credit outlook from "stable" to "negative", says this morning's Scotsman newspaper. A note issued by S&P credit analysts yesterday suggested: "The outlook revision reflects Standard & Poor's concerns about the ongoing core status of Scottish Equitable to Aegon [in the Netherlands] and the Aegon group. Aegon's commitment to the UK market may diminish over the longer term if Scottish Equitable fails to deliver profits in line with Aegon...

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