Standard Life has confirmed it is looking at the proposed merger betweenResolution and Friends Prov...
Standard Life has confirmed it is looking at the proposed merger betweenResolution and Friends Provident with a view to making a cash and sharesoffer for the former. Scott White, Standard Life's head of media relations, commented: "Organic growth is our primary focus but we do recognise the potential to accelerate our strategy through acquisitions - provided they deliver strong value accretion." The group said it would make a further announcement in due course.
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