M&A Deals
Standard Life Aberdeen creates £11bn investment giant
The formation of investment giant Standard Life Aberdeen has been finalised, the company confirmed on Monday.
Aegon sells Irish and Dutch units as Cofunds boosts results
Dutch insurer Aegon is selling its Irish offshore bond operation and its Netherlands-based advice business, while a strong boost in earnings from platform Cofunds, according to its latest quarterly report.
Sanlam expands adviser network with Tavistock takeover
Sanlam UK has acquired the advisory arm of Tavistock Investments, taking over its network of 158 advisers and adding £1.5bn ($1.95bn, €1.66bn) to Sanlam’s total assets under advice.
Invesco rumoured to be in talks to buy US ETF provider
US-based investment manager Invesco is in talks to buy the asset management business of Guggenheim Partners, according to media reports.
India’s Reliance Nippon Life eyes M&A for distribution push
Indian life company Reliance Nippon Life Insurance is looking to expand its distribution network through a series of takeovers of bank-owned life insurers, a top company official told analysts.