Image:
Phoenix Group to offload European business for £550m
Phoenix Group has confirmed it is in “advanced discussions” over the sale of its European business in a deal thought to be worth £550m.
It confirmed the sale process after press speculation which revealed the provider was looking to sell its European arm to European Life Group Holding (ELG), a privately owned vehicle backed by the ...
To continue reading this article...
Join Professional Adviser
- Unlimited access to real-time news, industry insights and market intelligence.
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters.
- Make smart business decisions with the latest developments in regulation, investing retirement and protection.
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes.
