Standard Life is reported to be the latest firm to be considering a bid for Resolution. Accordin...
Standard Life is reported to be the latest firm to be considering a bid for Resolution. According to newspaper reports, Standard has appointed Merrill Lynch as an adviser is "considering all options regarding Resolution" if the Friends merger fails. If Standard makes an approach for Resolution, it will be the fourth time the companies have discussed a tie-up in the last year. Last week, Pearl Assurance raised its stake in Resolution to 16.5% as it increases pressure on its proposed merger with Friends Provident. Pearl, Resolution’s biggest shareholder, has been building a stake in li...
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