Byline: Simon EnglishAROUND 700,000 small investors in Friends Provident were today offered much less than half what the shares were worth at flotation eight years ago to sell their holding to insurance tycoon Clive Cowdery.Cowdery's takeover vehicle Resolution is buying the historic company -- ...
Friends Provident Boosts Market Share with New BusinessKatherine Griffiths Banking Correspondent
Byline: Simon EnglishAROUND 700,000 small investors in Friends Provident were today offered much less than half what the shares were worth at flotation eight years ago to sell their holding to insurance tycoon Clive Cowdery.Cowdery's takeover vehicle Resolution is buying the historic company -- ...
The article reports on the bid of private equity firm, JC Flowers, in buying Friends Provident in Great Britain. It is said that the bid is believed to be around 拢4bn. Moreover, JC Flowers had built up a 2.7% stake in Friends and says it would approach the board with a view to ...
SHARE PRICES: Provident Outcome for These Friends; MARKET REPORTRead the full-text online article and more details about SHARE PRICES: Provident Outcome for These Friends; MARKET REPORT.The Birmingham Post (England)
Axa [Pounds Sterling]37m Share Buy Puts Friends Provident on Rise; Market Report