£3.6bn Abbey deal sealed

A manager of closed life assurance funds moved in on a place in the FTSE 100 Index after striking a £3.6bn (€5.2bn) deal with Abbey National today.

£3.6bn Abbey deal sealed
Wed, 07 Jun, 2006 - 16:28

A manager of closed life assurance funds moved in on a place in the FTSE 100 Index after striking a £3.6bn (€5.2bn) deal with Abbey National today.

Resolution will pick up the businesses Scottish Mutual, Scottish Provident and Abbey National Life, as well as two offshore life companies.

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CourtsBusinessHeathrowPlace: UKPlace: GlasgowPlace: LiverpoolPlace: WythallPlace: WorcestershirePlace: FootsiePerson: Chief ExecutivePerson: Francisco Gomez-RoldanOrganisation: AbbeyOrganisation: Abbey NationalOrganisation: Scottish MutualOrganisation: Scottish ProvidentOrganisation: Abbey National LifeOrganisation: Swiss LifeOrganisation: Royal & Sun AllianceOrganisation: Standard LifeOrganisation: Financial Services AuthorityOrganisation: Resolution
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