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Denplan up for sale for £100 million?
7th Dec 2011
There is growing speculation in the press today (Wednesday) that dental payment plans provider, Denplan, is up for sale for £100 million.
Denplan is one of the UK's leading dental payment plan specialist with 6,500-plus member dentists across the UK and approximately 1.8 million patients.
The Daily Telegraph reports today that AXA has put Denplan, up for sale for ‘a mouth-watering £100m'.
A spokesperson from Denplan said: ‘It is not our policy to comment on press speculation and rumour. Our absolute focus remains on providing the highest possible levels of service and support to our dentists, patients and companies. We will not be diverted from this focus during this time.'
The proposed sale follows a strategic review across the AXA UK business and comes after the sale of AXA's life business to Resolution for £2.75 billion last year, and last week its advice arm Bluefin was also put on the market.
AXA has insisted it is not planning a wholesale exit from the UK market and will focus on AXA Wealth, general insurance, and its remaining health care business.
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