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acquisitionAnnounced · Feb 17, 2026Life InsuranceSource · CredibleArticle · Factual

Scottish Widows · Chesnara

Chesnara acquires Scottish Widows

David Najork · Founding Software Engineer

Published Apr 29, 2026 · Updated Apr 29, 2026 · 1 min read

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Deal value

€110M

Target

Scottish Widows

Edinburgh, Midlothian

Acquirer

Chesnara

Full Acquisition

Status

Pending

Chesnara agreed to acquire Scottish Widows. Reported deal value: €110M. Status: Pending. Sector: Life Insurance. Target headquarters context: Edinburgh, Midlothian, United Kingdom.

This page summarizes publicly available information about the transaction as of 2026-02-17. Figures and status may change as filings and press coverage update.

Chesnara plc , a Life and Pensions Consolidator, on Tuesday agreed to acquire Scottish Widows Europe SA from Scottish Widows Limited, a subsidiary of Lloyds Banking Group plc , for total cash consideration of 110 million euros

Deal timeline

Announced

Feb 17, 2026 · nasdaq.com

Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.

Sector context

This transaction is classified in Life Insurance with a reported deal value of €110M. Figures and status may change as sources update.

Sources: nasdaq.com · Primary article · FireStrike proprietary index