LIBERTY Life and Standard Bank Investment Corporation are considering becoming wholly subsidiaries of a single parent company, which will become the vehicle for investors, Business Day reported on Friday. Stanbic recently purchased Liblife Controlling Corporation, which heads the Liberty corporate pyramid of ownership. Negotiations between the two companies in 1998 fell apart when they could not agree on valuations. Liberty Life on Thursday released its results, which matched market expectations in declaring an 11% increase in headline earnings. The dividend increase was 20%, rising to R4,62 a share.