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British life insurer Phoenix seeks more deals after Sun Life UK buy

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British life insurer Phoenix seeks more deals after Sun Life UK buy

Phoenix has bought closed life insurer Sun Life of Canada's UK unit for 248 million pounds ($301 million) in cash, it said on Thursday and its chief executive said the insurer had more than one billion pounds to spend on similar deals.

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British life insurer Phoenix seeks more deals after Sun Life UK buy

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British life insurer Phoenix seeks more deals after Sun Life UK buy

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