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Phoenix Group has laid down a proposal to acquire rival life insurer ReAssure Group in a £3.2bn cash and shares deal.
Phoenix Group has laid down a proposal to acquire rival life insurer ReAssure Group in a £3.2bn cash and shares deal.
This would see the newly minted FTSE 100 constituent reach total assets under administration of £329bn and confirm it as Europe's largest pensions consolidator. The agreement as it stands would bring...
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