# AEGON LTD. (AEGOF) — merger/definitive [pending] Source: sec.gov · situation sit_f0e425a353b49d51d091 · public 5193920790734348588 · retrieved 2026-08-20T13:01:49.975Z ## Overview Aegon Ltd. is a life insurance, pensions, and asset management company with operations in the Americas, International markets, and Asset Management; it is redomiciling to the United States and divesting its UK insurance and pensions operations. Aegon Ltd. agreed to sell Aegon UK plc, its UK insurance and pensions operations, to Standard Life Plc for total consideration of GBP 2.0 billion. The consideration comprises GBP 750 million in gross cash proceeds and 181 million Standard Life ordinary shares (valued at GBP 1.25 billion upon announcement on April 15, 2026), representing a 15.3% shareholding in Standard Life with associated governance rights. Any remittances from Aegon UK between signing and closing will reduce the cash consideration. The transaction is expected to close around the end of 2026, subject to customary conditions including regulatory approvals. ## Terms - Counterparty: Standard Life Plc · Consideration: mixed · Stake: 15.3% ## Key dates - Announced 2026-05-28 · Vote 2026-10-08 · Expected close 2026-12-31 ## Timeline - 2026-05-28 · 425 (0001171843-26-003752): 425 - AEGON LTD. — AEGON LTD. announced a merger in a Form 425 filing. https://www.sec.gov/Archives/edgar/data/769218/0001171843-26-003752.txt - 2026-05-28 · 425 (0001193125-26-243177): 425 - AEGON LTD. — AEGON LTD. announced a merger in a Form 425 filing. https://www.sec.gov/Archives/edgar/data/769218/0001193125-26-243177.txt - 2026-06-10 · 425 (0001193125-26-265167): 425 - AEGON LTD. — AEGON LTD. announced a merger in a Form 425 filing. https://www.sec.gov/Archives/edgar/data/769218/0001193125-26-265167.txt - 2026-06-17 · 425 (0001171843-26-004162): 425 - AEGON LTD. — AEGON LTD. announced a merger in a Form 425 filing. https://www.sec.gov/Archives/edgar/data/769218/0001171843-26-004162.txt - 2026-06-25 · 425 (0001193125-26-281804): 425 - AEGON LTD. — AEGON LTD. announced a merger in a Form 425 filing. https://www.sec.gov/Archives/edgar/data/769218/0001193125-26-281804.txt - 2026-08-20 · 425 (0001193125-26-357714): 425 - AEGON LTD. — *Aegon Ltd. is an international financial services holding company with life insurance, annuity, retirement, and asset management businesses, with operations in the United States, Bermuda, and internationally through joint ventures and partnerships.* Aegon Ltd. announced the sale of Aegon UK to Standard Life for total consideration of GBP 2.0 billion. The transaction is expected to close around the end of 2026, subject to customary conditions including regulatory approvals. The consideration comprises 181 million shares in Standard Life (valued at GBP 1.25 billion upon announcement on April 15, 2026) and GBP 649 million in cash after deduction of expected remittances paid to Aegon over 2026. https://www.sec.gov/Archives/edgar/data/769218/0001193125-26-357714.txt - 2026-08-20 · 425 (0001193125-26-357719): 425 - AEGON LTD. — *Aegon Ltd. is a life insurance, pensions, and asset management company with operations in the Americas, International markets, and Asset Management; it is redomiciling to the United States and divesting its UK insurance and pensions operations.* Aegon Ltd. agreed to sell Aegon UK plc, its UK insurance and pensions operations, to Standard Life Plc for total consideration of GBP 2.0 billion. The consideration comprises GBP 750 million in gross cash proceeds and 181 million Standard Life ordinary shares (valued at GBP 1.25 billion upon announcement on April 15, 2026), representing a 15.3% shareholding in Standard Life with associated governance rights. Any remittances from Aegon UK between signing and closing will reduce the cash consideration. The transaction is expected to close around the end of 2026, subject to customary conditions including regulatory approvals. https://www.sec.gov/Archives/edgar/data/769218/0001193125-26-357719.txt - 2026-08-20 · 425 (0001193125-26-357726): 425 - AEGON LTD. — *Aegon Ltd. is a multinational life insurance and asset management company with significant operations in the United States (approximately 80% of earnings and cash flow), the Netherlands, and other markets; it operates through segments including Transamerica (US protection solutions and financial assets), International operations, and Aegon Asset Management.* Aegon Ltd. announced a multi-part strategic transformation: (1) sale of Aegon UK to Standard Life for GBP 2.0 billion (announced April 2026); (2) redomiciliation from Bermuda to Delaware, USA, with legal seat transition and renaming to Transamerica Inc. targeted for January 2028; (3) relocation of head office to New York City; (4) transition to US GAAP reporting beginning FY 2027; and (5) governance realignment with Vereniging Aegon (VA), converting VA's Common Shares B into Common Shares on a 40:1 basis reflecting its 18.4% economic interest. An Extraordinary General Meeting for shareholder approval is targeted for October 8, 2026. The company is implementing a strengthened leadership structure, with Lard Friese's CEO term extended to end of 2030 and Will Fuller appointed President and COO effective January 2027. https://www.sec.gov/Archives/edgar/data/769218/0001193125-26-357726.txt ## Citations - 0001171843-26-003752 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000117184326003752 - 0001193125-26-243177 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526243177 - 0001193125-26-265167 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526265167 - 0001171843-26-004162 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000117184326004162 - 0001193125-26-281804 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526281804 - 0001193125-26-357714 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526357714 - 0001193125-26-357719 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526357719 - 0001193125-26-357726 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526357726