Britannic Assurance is believed to be one of a number groups in takeover talks with Scottish Provide...
Britannic Assurance is believed to be one of a number groups in takeover talks with Scottish Provident. Scottish Provident has acknowledged it is reviewing its mutual status. The mutual's advantages, valued at between £1.1 and 1.25bn, include its 38% stake in Aberdeen Asset Management and its role in the niche protection market. Susan Sneddon, group marketing manager at Scottish Provident, said that speculation regarding the future of the mutual was bound to arise once it had stated it was reviewing its mutual status, which concludes at the end of summer. Another group being linked with ...
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