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Evening Standard
Evening Standard
Business
Simon Hunt and Michael Hunter

FTSE 100 Live 26 June: Blue-chips finish lower, AO World profits surge, Phoenix mulls SunLife sale

AO World’s big jump in profits and the possible sale of SunLife are among today’s City developments.

FTSE 250-listed AO, which sells washing machines, fridges and laptops, posted sales of just over £1 billion and said profits quadrupled to £34 million.

Phoenix Group, the FTSE 100 pensions and savings business with over £280 billion in assets under management, said it had received expressions of interest for SunLife.

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