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Sun Life Financial sells Sun Life U K business for $385 million

Sun Life Financial sells Sun Life U K business for $385 million
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Sun Life sells U K business for $385 million

Sun Life Financial Inc. has reached a deal to sell a U.K.-based division of the company to Phoenix Group Holdings PLC for about $385 million as part of a shift to make the company more nimble.

Sun Life selling U K pension and annuities business

Sun Life Financial Inc. is selling its U.K. pension and annuities business. The company has entered an agreement to sell SLF of Canada U.K. Ltd. to U.K.-based long-term savings and retirement business Phoenix Group Holdings for a closing price of $385 million. Sun Life will retain its economic interest in Sun Life U.K.’s payout annuities […]

Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange
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