Seeking Resolution

August 2009
Money Marketing;8/13/2009, p2
The article focuses on the developments of the merger of financial services firms Friends Provident PLC and Resolution PLC from October 2007 to August 2009 in Great Britain. In 2007, Friends Provident PLC and Resolution PLC will merge to create Friends Financial Group. In July 2009, Friends Provident PLC refused an offer from Resolution PLC. Friends Provident PLC entered into discussions with Resolution PLC after an improved bid in August 2009.


Related Articles

  • Friends deal sparks adviser concerns. Pow, Helen // Money Marketing;8/13/2009, p1 

    The article reports on the uncertainty of financial advisers over the impact of the acquisition of financial services group Friends Provident PLC by insurance company Resolution PLC on policyholders in 2009 in Great Britain. Resolution PLC and Friends Provident PLC announced that they were...

  • Structure and governance assurances helped seal deal. Pow, Helen // Money Marketing;8/13/2009, p2 

    The article reports on the assertions of financial services group Friends Provident PLC that insurance company Resolution PLC's structure and governance helps it agrees to the acquisition vehicle's offer in 2009 in Great Britain. Resolution PLC's acquisition vehicle Resolution Holdings will be...

  • Resolution opens up as it closes in on Friends. Pow, Helen // Money Marketing;7/26/2007, p7 

    The article reports that Resolution was closing in on the acquisition of Friends Provident in Great Britain. The move was aimed at shifting away from its closed life fund consolidator model. According to Friends, it conducted an advanced talks for possible takeover by Resolution with rumors that...

  • Role reversal for Friends merger. Salih, Chris; Pow, Helen // Money Marketing;9/13/2007, p7 

    The article reports on the changes in the terms of the proposed merger between Friends Provident PLC and Resolution Life Group company in Great Britain. It states that the changes will prevent rivals from ruining the deal. Under the revised terms, the offerer is Resolution rather than Friends....

  • Annuity warning for Resolution investors. York, Nicola // Money Marketing;8/9/2007, p3 

    The article reports on the warning given by pensions expert Tom McPhail to pension policyholders of the life company Resolution PLC, regarding the negative impact of the merger of the company with Friends Provident PLC in Great Britain. McPhail warned that the merger could end up with a poor...

  • Resolution vows to fight Pearl bid to derail deal. Shaw, Sam; Pow, Helen // Money Marketing;8/2/2007, p7 

    The article reports on the preparations made by Resolution company to change the terms of its agreed merger with Friends Provident to fend the threats from Pearl Assurance PLC solution will switch the terms of the deal from a merger to a takeover. The scheme would reduce the number of...

  • Friends ready for a new third generation. Pow, Helen // Money Marketing;4/15/2010, p16 

    The article reports on views of Trevor Matthews, chief executive officer of Friends Provident PLC, on the potential of resolution to target a major annuity player for its next acquisition stating their plan to involved in innovation in the third-way market in Great Britain. He notes his...

  • Dances with wolves. Reid, Robert // Money Marketing;8/16/2007, p31 

    The article presents the author's views on the impact of Retail Delivery Report (RDR) on insurers. According to the author, RDR doesn't enable insurers to treat their customers fairly, and in such situation, open communication is needed to resolve these issues. The author says that RDR protects...

  • Third Q M&A: Megadeals Roar Back. Cecil, Mark // Mergers & Acquisitions Report;10/02/2000, Vol. 13 Issue 39, p1 

    Discusses the return of merger and acquisition (M&A) activity in the United States (U.S.) in the third quarter of 2000. Details on the M&A in the financial services sector; Revenues posted by M&A in several sectors of the economy; Details on the M&A completed outside U.S.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics