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Standard Life Aberdeen to sell insurance business to Phoenix Group for £3.24bn

Scottish investment company Standard Life Aberdeen has struck a deal to sell its insurance business to UK insurance service provider Phoenix Group for a sum of £3.24 billion to simplify its business to focus on asset management. Phoenix Group will pay £2.28 billion in cash and give Standard Life Aberdeen a stake of 19.99% in […]

The post Standard Life Aberdeen to sell insurance business to Phoenix Group for £3.24bn appeared first on Business News Today.

LafargeHolcim buys UK-based construction material supplier Kendall Group

Swiss building material company LafargeHolcim has purchased Kendall Group, an aggregates and ready-mix concrete manufacturer based in southern England for an undisclosed price as per the latest construction industry news. Last year, Kendall Group had registered net sales of about CHF33 million ($35.23 million). LafargeHolcim revealed that Kendall Group will be operated by its subsidiary […]

The post LafargeHolcim buys UK-based construction material supplier Kendall Group appeared first on Business News Today.

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Dentists warn fruit teas can be bad for your teeth

Fruit teas have become a popular beverage over the years and now the dentists warn that fruit teas may damage your teeth. Most of the people got habituated to consume trendy fruit tea because of its good refreshing taste but it may cause severe damage …

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