Deal snapshot: Sun Life Financial to Sell UK Business.

MANews-(C)2009-2022

Canada-based financial services organization Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) has entered into an agreement to sell its UK business, SLF of Canada UK Ltd, to UK-based savings and retirement business Phoenix Group Holdings plc (LSE: PHNX), the company said.

Headquartered in London, Phoenix Group is the UK's largest long-term savings and...

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