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Sun Life & Provincial has agreed to a £2.37bn offer from its French parent Axa for the remaining 43.7% stake not currently controlled by Axa. 03-May-2000 Sun Life & Provincial has announced plans to set up a new internet site offering insurance, banking and share dealing, and will improve customer choice by also supplying products from competitors. 02-Mar-2000 Sun Life & Provincial is to sell its Irish life assurance business to Royal Liverpool Assurance for about £86m. 05-Nov-1999 Sun Life & Provincial is selling the life assurance business of Guardian Royal Exchange to Aegon of the Netherlands for £759m, and the enlarged company will be run from Aegon's existing facilities in Edinburgh. 13-Aug-1999 Sun Life & Provincial is looking to make another major acquisition in the life assurance market, following the recent purchase of Guardian Royal Exchange. 26-Jul-1999 Sun Life & Provincial Holdings is to cut 2,000 general insurance jobs over the next two years following its acquisition of Guardian Royal Exchange, and offices will be closed in Bournemouth, Lancaster, Liverpool, Nottingham, Wolverhampton, Kendal, Southgate, Hitchin, Exeter and Folkestone. 11-May-1999 Sun Life & Provincial is considering plans to launch a savings account in order to broaden its product range. 24-Sep-1998 Sun Life & Provincial is to sell its 83% stake in New Ireland, the Irish life assurance concern, to the Bank of Ireland for £190m. 15-Oct-1997 Sun Life & Provincial is considering plans to sell part of its 83% stake in New Ireland Holdings, and has received a number of approaches from potential buyers. 19-Sep-1997 Axa of France is to merge its Sun Life & Provincial and Axa Equity & Law subsidiaries, creating the third largest life assurer in the UK. 03-Jul-1997 UAP, the French insurance group, is planning to raise £500m by floating a minority stake in its UK holding company, Sun Life and Provincial Holdings. 30-Apr-1996
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