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Sun Life Financial Plans Sale Of UK Business For Around GBP1 Billion - Sky

LONDON -(Dow Jones)- Sun Life Financial Inc. (SLF) is planning to sell its U.K. business for around GBP1 billion, Sky News reports Tuesday, without citing sources. The firm has hired Morgan Stanley (MS) to oversee the auction of its U.K. operations, the report says, adding the sale is expected to attract interest from private-equity firms and rivals in the financial services industry. Full story: http://blogs.news.sky.com/kleinman/Post:a85ed525-a233-4757-9b4c-a7185ec7b2c6 -London bureau, Dow Jones Newswires; +44 (0)20 78 42 9330; generaldesklondon@dowjones.com

Stock News for Sun Life (SLF)
DateTimeHeadline
02/06/201414:30:28Sun Life Launches New Asset-Management Business
11/15/201307:11:09AQR Capital Management 3Q 13F: Largest Eliminations
04/11/201313:10:04Hartford Declares Run-Off Unit 'Self-Sufficient"
03/04/201307:10:05AXA Targets Asia to Boost Growth
12/17/201209:30:08Sun Life to Sell U.S. Annuity Business for $1.35 Billion
10/24/201210:46:34Sun Life Seeking Buyer for U.S. Annuities Unit -Bloomberg
10/03/201213:04:11Policymakers Need to Manage Impact of Low Rates, Sun Life CEO...
09/25/201220:20:19Aviva, CIMB Seek Binding Bids To Sell Malaysia Insurance JV:...
08/14/201211:27:12MFS Raises its Stake In France's Legrand Above 10%
07/09/201222:40:14Aviva Shortlists Prudential, Manulife for Malaysia Sale
07/09/201222:32:33Aviva Shortlists Prudential, Manulife for Malaysia Sale: Sources...
05/15/201211:09:24Sun Life Financial Plans Sale Of UK Business For Around GBP1...
10/25/201110:05:23Sun Life CIO: US Fed "Powerless" To Stimulate Economy
07/06/201118:06:40CNO Financial CEO To Resign; Succeeded By CFO Bonach
12/08/201002:39:02Aegon Revamps Loss-Making Asian Businesses
11/17/201020:06:12RIM's PlayBook Drawing Interest From Corporate Community
11/03/201018:21:27Sun Life, Industrial Alliance Beat 3Q Expectations
11/03/201012:28:27Pittsburgh Faces Deadline To Avert Takeover Of Pension Plan
11/02/201018:38:49CORRECT: Canada's Life Insurers Seen Posting Mixed 3Q Results
11/02/201015:48:19Canada's Life Insurers Seen Posting Mixed 3Q Results

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