UK insurers agree on merger

Insurance companies Friends Provident and Resolution have agreed to join forces after unveiling the terms of an £8.6bn (€12bn) merger today.

UK insurers agree on merger
Wed, 25 Jul, 2007 - 09:20

Insurance companies Friends Provident and Resolution have agreed to join forces after unveiling the terms of an £8.6bn (€12bn) merger today.

The pair said Friends Financial Group, as the combined business will be known, will be a “significantnew force” in the UK life and pensions market.

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