Resources

1 Resources for

resolution life group

  • Subscribe to this listing via:
  • RSS
  • Email

BNET Resources

CAN CROMBIE CHECK PEARL'S AMBITION? Standard Life has come under
!!CORRECTION!! Please note that Pearl Group was working in consortium with Royal London not London Life as the articles below states. THE gloves finally came off in the battle for insurer Resolution this week. Ever since Pearl Group director Hugh Osmond bought a small restaurant...
Tags: Abbey National Plc., Friends Provident Plc., Pearl Group, Resolution, Resolution Life Group
Research articles 2007-11-04

Additional Resources

Swiss Life to exit Britain with sale of unit for 205m pounds
ZURICH AFP — The Swiss insurance company Swiss Life said it would exit Britain early next year with the sale of its British subsidiary to Resolution Life Group for 205 million pounds (396 million dollars, 297 million euros). The sale, subject to the approval of Britain's financial watchdog, will...
Tags: Agence France-Presse, Britain, FINANCE, financial, Insurance, U.K.
Research articles 2004-12-09
Royal & SunAlliance in Talks over UK Life Assurance Fund Sale.
Daily Mail, London Knight Ridder/Tribune Business News Jun. 21--Royal & SunAlliance is in talks with more than one potential buyer for its closed UK life assurance funds, which could sell for UKpound 600 million. An agreement last month with the...
Tags: FINANCE, financial, GE Capital Inc., Investment, U.K.
Research articles 2004-06-21
Deal allows Origen access to Phoenix policyholders.(Resolution)
ORIGEN has signed an exclusive deal with Resolution allowing its advisers to counsel the life group's more than 3m policyholders. ORIGEN has signed an exclusive deal with Resolution allowing its advisers to counsel the life group's more than 3m policyholders.
Tags: Phoenix Technologies, policyholder
Research articles 2005-05-12
PwC reports low M&A for financial services in 2005.
Resolution Life Group's AGBP1.8bn merger with Britannic Group was the single largest financial services mergers and acquisitions deal in the UK in 2005, according to a report by PricewaterhouseCoopers. Resolution Life Group's AGBP1.8bn merger with Britannic Group was the single largest financial services mergers...
Tags: financial service, M&A, PricewaterhouseCoopers Consulting
Research articles 2006-05-15
PRUDENTIAL PLC ANNOUNCES PRU BUYS ANNUITIES BOOK
PRUDENTIAL TO ACQUIRE PHOENIX LIFE & PENSIONS LIMITED'S ANNUITIES BOOK Prudential and Resolution Life Group announced today that they have reached agreement for Prudential to acquire the portfolio of in-force pension annuities written in the with-profits fund of Resolution Life's subsidiary, Phoenix Life & Pensions Limited PLP. The...
Tags: annuity, Prudential Insurance Company of America
Research articles 2005-06-24
Deutsche Bank in running to buy Abbey Life: report
FRANKFURT AFP — Deutsche Bank, the biggest bank in Germany, is interested in buying Abbey Life -- the direct insurance unit of Lloyds TBS estimated to be worth 1.38 billion euros (1.9 billion dollars) -- the Financial Times Deutschland reported Monday. Also in the running are Resolution Life, the...
Tags: Agence France-Presse, Deutsche Bank AG, FINANCE, Insurance
Research articles 2007-07-16
Resolution Life Group Extends Unisys Business Process Outsourcing Engagement in Deal Worth Additional Estimated GBP 50 Million — $90 Million — Over 10 Years
LONDON -- Unisys
Tags: BPO, outsourcing, Unisys Corp.
Research articles 2005-04-12
Resolution clinches 1.86 billion pound Friends deal
By Myles Neligan and Clara Ferreira-Marques LONDON (Reuters) - Britain's Resolution (RSL.L), an acquisitions vehicle founded by entrepreneur Clive Cowdery, clinched its first deal on Tuesday with the 1.86 billion pound ($3.1 billion) takeover of insurer Friends Provident (FP.L). Resolution, created last year to buy life insurers and asset managers,...
Tags: Friends Provident Plc., Resolution Inc.
News items 2009-08-11
Resolution in $3.1 Billion Friends Buy, Sees More Deals
By Myles Neligan and Clara Ferreira-Marques LONDON (Reuters) - Britain's Resolution RSL, an acquisitions vehicle founded by entrepreneur Clive Cowdery, clinched its first deal on Tuesday with the 1.86 billion pound ($3.1 billion) takeover of insurer Friends Provident FP. Resolution, created last year to buy life insurers and asset managers,...
Tags: Friends Provident Plc., Resolution Inc.
News items 2009-08-11
Resolution in three-way bid war.
Last minute bids and counter bids as Pearl and Standard Life join Friends Provident to bid for Resolution Jonas Crosland A bidding war has broken out for closed life fund specialist Resolution between Pearl, Friends Provident and Standard Life. In a dramatic last minute...
Tags: Friends Provident Plc.
Research articles 2007-10-26
Takeover bid_Rival insurers set to join forces to thwart Resolution-
Pearl Assurance, the life company stalking fellow insurer Resolution, is expected to team up with Standard Life to make a joint bid for the group. Resolution is tomorrow set to provide investors with an offer document for its proposed nil-premium merger with Friends Provident. But analysts think Pearl,...
Tags: Friends Provident Plc., Resolution
Research articles 2007-10-07
British insurer Resolution receives 10 billion-dollar bid
LONDON AFP — British life insurer Resolution, which is hoping to merge with peer Friends Provident, said Thursday that it has received an informal takeover bid from rival Standard Life worth about 5.0 billion pounds (10 billion dollars, 7.0 billion euros). Resolution last week rejected a takeover bid from...
Tags: Agence France-Presse, Insurance
Research articles 2007-10-25
Takeover battle hots up for British insurer Resolution
LONDON AFP — British insurance group Resolution faced a bidding war on Friday as Pearl Assurance trumped an agreed bid from Standard Life. Pearl's improved 720-pence-per-share cash bid values Resolution at 4.94 billion pounds (7.04 billion euros, 10.11 billion dollars). That is slightly higher than Standard Life's offer...
Tags: Agence France-Presse, board, FINANCE, Insurance, shareholder
Research articles 2007-10-26
Resolution closes Abbey deal
The financial services group Resolution finally sealed the deal to buy Abbey National's pounds 26.5bn closed life book yesterday, unveiling plans to raise pounds 1.54bn from a rights issue and a further pounds 1.68bn via new debt facilities to help pay for the acquisition. The deal will...
Tags: Abbey National Plc.
Research articles 2006-06-08
Pearl poised for knockout Resolution bid
Pearl Group, the life insurance firm run by Hugh Osmond, will seek talks with the board of Resolution this week to put a [pound]4.5bn takeover of the company on the table. It is believed that Mr Osmond and his advisers will meet with Resolution, led by chief...
Tags: Friends Provident Plc., Resolution
Research articles 2007-07-29
Pearl poised for victory in battle for Resolution
By Sean Farrell Financial Editor Hugh Osmond's Pearl Group last night looked set for victory in its battle to buy Resolution, its arch-rival closed life fund operator, after securing what is said to be a deal-blocking stake in its rival. Mr Osmond's company yesterday topped Standard...
Tags: Friends Provident Plc., Pearl Group
Research articles 2007-10-27
Pearl closes in on Resolution after third-party talks
By AndrewMurray-Watson Pearl Group, the insurance group stalking Resolution, plans to offload more than 1bn of its rival's funds should it proceed with a 4.5bn takeover. It is believed that Pearl has held talks with several insurance groups, including Standard Life, about a side-deal that would...
Tags: Friends Provident Plc.
Research articles 2007-08-26
Business News IN BRIEF: Resolution boss to splash out pounds 45m to
Clive Cowdery, the chairman of Resolution, the closed life book consolidator, is to take up his full entitlement to new shares during the forthcoming rights issue, splashing out pounds 45m to prevent his stake in the company from diluting. Mr Cowdery, who launched Resolution two years ago, has a 2.99...
Tags: Abbey National Plc.
Research articles 2006-06-10
Insurance giants reveal all-share deal
Friends Provident faced a growing clamour for a counter-bid as the company formally unveiled its plans to join forces with Resolution Life. The all-share deal - seen by the City as a takeover of Friends by Resolution - will create a group worth [pound]8.5bn, with most of...
Tags: Friends Provident Plc.
Research articles 2007-07-26
  • << Previous
  • page 1 of 1
  • Next >>
advertisement
advertisement
Click Here