Pounds 1.9bn Friends Sale ; Yourmoney: : Insurance

Daily MirrorAugust 12, 2009

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Summary


SOME 750,000 Friends Provident shareholders are in the money after the insurance firm succumbed to a takeover.

After snubbing several offers from investment firm Resolution, Friends bosses finally accepted a pounds 1.9billion bid yesterday.

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Extract


Pounds 1.9bn Friends Sale ; Yourmoney: : Insurance

News of the deal came ...

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