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AEG Aegon Ltd

6.26
0.02 (0.32%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Aegon Ltd NYSE:AEG NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.02 0.32% 6.26 6.295 6.205 6.28 3,340,084 01:00:00

Serco Signs New BPO Contract with AEGON Worth GBP170 Million

29/10/2012 7:43am

Dow Jones News


Aegon (NYSE:AEG)
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LONDON--Serco Group PLC (SRP.LN), a international service company, said Monday it has signed a contract for an outsourcing partnership that will provide customer contact and support services for AEGON (AGN).

MAIN FACTS:

-The contract will commence on Nov. 1 and has a total estimated value to Serco over the 10-year initial term of 170 million pounds.

-Under this new partnership Serco will operate primarily from AEGON's offices in Lytham St Annes.

-Serco shares closed Friday at 565 pence, valuing the company at GBP2.8 billion.

-Write to Mark Shapland at mark.shapland@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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