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Phoenix in advanced talks to sell European businesses
StockMarketWire.com
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Insurance company Phoenix said it was in advanced discussions about a possible sale of its European businesses.
Phoenix announced the talks while noting recent press speculation about such a deal.
'A sale of the European businesses will only be considered if it maximises value for shareholders,' the company said.
'Discussions are on-going and there can be no certainty that any transaction will be agreed.'
Story provided by StockMarketWire.com
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