0750 GMT - Aegon's disposal looks like a good deal, ING says in a research note after the Dutch group agreed to sell its U.K. insurance arm to Standard Life for 2.0 billion pounds in a cash and stock transaction. The price tag is higher than what ING had expected and the figure that had been reported in the press, analyst Jason Kalamboussis writes. He notes that it is positive that Aegon managed to sell the business as one entity and not two separate parts. Exiting business while keeping a stake looks like a modus operandi that suits Aegon, he says, referring to the sale of its Dutch operations to ASR Nederland in 2023. Aegon shares edge down 0.1% while Standard Life's are up 0.6%. (elena.vardon@wsj.com)
(END) Dow Jones Newswires
April 15, 2026 03:51 ET (07:51 GMT)
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