M&A Deal Summary |
|
|---|---|
| Date | 2010-05-11 |
| Target | Standard Life Healthcare |
| Sector | Insurance |
| Buyer(s) | Discovery |
| Sellers(s) | abrdn |
| Deal Type | Divestiture |
| Deal Value | 138M GBP |
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Discovery is a financial services institution operating in insurance, long-term savings and well-being in South Africa, the United Kingdom, the United States and China. Discovery is a shared value insurance company whose purpose and ambition are achieved through a pioneering business model that incentivises people to be healthier, and enhances and protects their lives. Discovery was founded in 1992 and is based in Sandton, South Africa.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Insurance) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (United Kingdom) | 1 of 1 |
| Year (2010) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1825 |
| Sector | Financial Services |
| Employees | 5,000 |
| Revenue | 2.7B USD (2021) |
Standard Life Aberdeen plc is a provider of long-term savings and investments. Established in 1825 and headquartered in Edinburgh, the company has around 8,500 employees internationally. The Standard Life group includes savings and investments businesses, which operate across the UK, Canada, Europe, Asia and the Middle East; workplace pensions and benefits businesses in the UK and Canada; Standard Life Investments, a global investment manager, which manages over £191 billion assets globally; and its Chinese and Indian Joint Venture businesses. Standard Life Aberdeen was founded in 1825 and is based in Edinburgh, United Kingdom.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 4 |
| Sector (Insurance) | 1 of 3 |
| Type (Divestiture) | 2 of 4 |
| Country (United Kingdom) | 2 of 2 |
| Year (2010) | 1 of 1 |
| Size (of disclosed) | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-05-04 |
Aida Capital
London, United Kingdom Aida Capital Ltd. is a asset manager with an expanding global reach. Company wide range of investment solutions is backed by distinctive Focus on Change investment philosophy, disciplined risk management and shared commitment to a culture of investment excellence. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-12-07 |
Focus Solutions
Warwickshire, United Kingdom Focus Solutions is a provider of front-line software founded in 1995. It is a financial services software house with an enviable track record of providing effective advice & business automation, CRM, T&C and financial planning solutions. |
Buy | £42M |
