Friends Provident Finds Itself a Target for Takeover

Summary


Life insurer Friends Provident is facing a pounds 3.5bn takeover bid.

A leading investment banker is working with a client on plans to buy Dorking-based Friends and other parties are interested, according to weekend reports.

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Extract


Friends Provident Finds Itself a Target for Takeover

Friends, which is one of the UK's leading insurance a...

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