Phoenix Group Holdings (PHNX)

Sector:

Insurance

Index:

FTSE 100

525.50p
   
  • Change Today:
      10.50p
  • 52 Week High: 582.20p
  • 52 Week Low: 441.60p
  • Currency: UK Pounds
  • Shares Issued: 1,001.56m
  • Volume: 3,683,423
  • Market Cap: £5,263m

Phoenix Group in advanced talks to buy Deutsche's Abbey Life

By Michele Maatouk

Date: Friday 16 Sep 2016

LONDON (ShareCast) - (ShareCast News) - Phoenix Group has confirmed it is evaluating the possibility of acquiring Abbey Life Assurance from Deutsche Bank following reports on Thursday by Bloomberg and Reuters suggesting the two were nearing a deal over the bank's UK insurance business.
"As stated at the time of the interim results on 25 August 2016, Phoenix continues to explore further acquisition opportunities in the UK closed life sector. In this context, Phoenix is in advanced discussions with Deutsche Bank in relation to a possible acquisition of Abbey Life," the FTSE 250 company said on Friday.

It added that there can be no certainty the discussions will lead to a transaction.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

PHNX Market Data

Currency UK Pounds
Share Price 525.50p
Change Today 10.50p
% Change 2.04 %
52 Week High 582.20p
52 Week Low 441.60p
Volume 3,683,423
Shares Issued 1,001.56m
Market Cap £5,263m

PHNX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
56.27% above the market average56.27% above the market average56.27% above the market average56.27% above the market average56.27% above the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average
Price Trend
12.78% below the market average12.78% below the market average12.78% below the market average12.78% below the market average12.78% below the market average
25% below the sector average25% below the sector average25% below the sector average25% below the sector average25% below the sector average
Income
93.45% above the market average93.45% above the market average93.45% above the market average93.45% above the market average93.45% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
63.03% below the market average63.03% below the market average63.03% below the market average63.03% below the market average63.03% below the market average
42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average

What The Brokers Say

Strong Buy 3
Buy 4
Neutral 4
Sell 2
Strong Sell 0
Total 13
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

PHNX Dividends

  Latest Previous
  Final Interim
Ex-Div 11-Apr-24 28-Sep-23
Paid 22-May-24 23-Oct-23
Amount 26.65p 26.00p

Trades for 16-May-2024

Time Volume / Share Price
17:22 26,364 @ 525.00p
16:49 1,475 @ 525.50p
16:45 39,899 @ 524.51p
16:36 36,882 @ 525.48p
16:35 2,264 @ 525.50p

PHNX Key Personnel

Chair Nicholas Lyons
CEO Andrew Briggs

Top of Page