Phoenix Group Holdings Regulatory Consent - AXA Business Acquisition (7551M)
October 17 2016 - 11:30AM
UK Regulatory
TIDMPHNX
RNS Number : 7551M
Phoenix Group Holdings
17 October 2016
Phoenix Group Holdings announces that the Prudential Regulatory
Authority and the Financial Conduct Authority have each consented
to the acquisition of AXA Wealth's pensions and protection
businesses
Further to the announcement of 27 May 2016, Phoenix Group
Holdings today announces that the Prudential Regulatory Authority
and the Financial Conduct Authority have each given their consent
to the acquisition of AXA Wealth's pensions and protection
businesses by Pearl Life Holdings Limited (the "Acquisition").
Completion of the Acquisition is expected to take place on 1
November 2016.
Enquiries
Investors:
Sam Perowne, Head of Investor Relations, Phoenix Group
+44 (0) 20 3735 0021
Media:
Neil Bennett, Maitland
Tom Eckersley, Matiland
+ 44 (0) 20 7379 5151
This information is provided by RNS
The company news service from the London Stock Exchange
END
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