Friends Provident unveil €12.8bn merger

Friends Provident wrote a new chapter in its 175-year history today after unveiling an £8.6bn (€12.8bn) merger deal to create a “significant” new force in the British insurance industry.

Friends Provident unveil €12.8bn merger

Friends Provident wrote a new chapter in its 175-year history today after unveiling an £8.6bn (€12.8bn) merger deal to create a “significant” new force in the British insurance industry.

The life and pensions specialist will combine with Resolution – the UK’s biggest owner of closed life insurance funds – to form Friends Financial Group.

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