Friends rejects new Flowers offer

Life assurer Friends Provident today said it had rejected a revised £3.5bn (€4.4bn) offer from private equity firm JC Flowers.

Mon, 31 Mar, 2008 - 08:39

Life assurer Friends Provident today said it had rejected a revised £3.5bn (€4.4bn) offer from private equity firm JC Flowers.

Friends said the proposal, worth 150p-a-share, “significantly undervalues” the company and represented no “basis for discussion”.

You have reached your article limit. Already a subscriber? Sign in

185 years of the Irish Examiner

185th
Anniversary Offer

Six months of digital access for €18.50

No obligation. Ts&Cs apply.

CONNECT WITH US TODAY

Whatsapp logo

WHATSAPP

Newsletter logo

NEWSLETTERS

Notification logo

NOTIFICATIONS

Be the first to know the latest news and updates

More in this section

Energy costs One in three SMEs forced to absorb higher energy costs, one third pass them on to customers
Industrial strikes The 'just do it' model of leadership isn't delivering for patients or consultants
FILE PHOTO The High Court has seen four cases brought against the State from women sent to give birth in Mother and Baby homes. High Court gives liquidators go-ahead for agreement on €1.57bn of Russian funds
CourtsBusinessHeathrowPlace: New YorkPerson: PearlOrganisation: FriendsOrganisation: Life assurer Friends ProvidentOrganisation: JC FlowersOrganisation: Friends ProvidentOrganisation: JC Flowers & Co
<p>The consistent amplification of youth-coded sexual themes and other ambiguously aged depictions, while distinct and separate from child sex abuse material, frames youth as the sexual selling point. It cannot then be a surprise that this blurring of boundaries undermines the seriousness of exploitation for some viewers.</p>

'Ordinary' porn is now a gateway to child sex abuse material

READ NOW

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Latest

Business

Push Notifications

By clicking on sign up you will be the first to know about a selection of business content on this browser. Please note if you are unable to sign up via your mobile web browser, download and sign up for mobile push notifications via our FREE news app.

Sign Up
IE logo
Devices


UNLIMITED ACCESS TO THE IRISH EXAMINER FOR TEAMS AND ORGANISATIONS
FIND OUT MORE

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Fergus Finlay
Fergus Finlay

Analysis

Lunchtime News

Newsletter

Get a lunch briefing straight to your inbox at noon daily. Also be the first to know with our occasional Breaking News emails.

Most Read

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited