Friends Fights to Save Merger ; Insurance

Summary


FRIENDS Provident is hitting back at what it claims is a "distorted view" of its prospects as it attempts to salvage the Pounds 8 billion merger with Resolution.

That deal looked all but dead once Pearl and Standard Life said they were considering making a rival offer for Resolution, the "zombie" insurer which manages life funds that have been closed to new business.

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Friends Fights to Save Merger ; Insurance

Friends is annoyed at rivals'...

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