Gbp 8.6bn Deal Sees 'Friendly' Merger with Resolution Asset Management Arm to Be Sold to F&C As New Life Assurance Giant Surprises City
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Summary
RESOLUTION'S asset management arm is to be sold to F&C as part of a planned GBP 8.6 billion insurance mega-merger.
Friends Provident and Resolution laid out the reasons for their proposed friendly merger yesterday, promising annual savings of at least GBP 100 million a year by 2010.See the full content of this document
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Gbp 8.6bn Deal Sees 'Friendly' Merger with Resolution Asset Management Arm to Be Sold to F&C As New Life Assurance Giant Surprises City
The new group, to be called Friends Financial, would be the UK's fifth-biggest life assurer, with a combined embedded ...
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