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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Deutsche Bank Aktiengesellschaft | NYSE:DB | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 16.90 | 0 | 01:00:00 |
By Razak Musah Baba
LONDON--Phoenix Group Holdings (PHNX.LN) Friday confirmed it is evaluating a potential deal to buy London-based Abbey Life Assurance Company Ltd., as it responded to recent press speculation.
The specialist closed life and pension fund consolidator, said it is in advanced discussions with Deutsche Bank AG (DBK.XE) in relation to a possible acquisition of Abbey Life, but cautioned that there can be no certainty that these discussions will lead to a transaction.
Phoenix Group stated in its interim results last month that it continues to explore further acquisition opportunities in the U.K. closed life sector.
Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet
(END) Dow Jones Newswires
September 16, 2016 02:33 ET (06:33 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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