Monday, 23 July 2007

Resolution, Friends Provident confirm merger talks

(Reuters) - "Friends Provident and Resolution believe that a merger would create significant value for both sets of shareholders by combining Friends Provident's new business growth opportunities with Resolution's strong cash flow generation," the two sides said in a statement.




Sources familiar with the matter had said on Saturday that the two sides were in merger talks.


Read more at Reuters.com Business News

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