Resolution, Friends Provident confirm merger talks
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British life insurers Resolution  and Friends Provident  confirmed on Monday that they are in advanced merger discussions that could lead to the creation of a group worth over 8 billion pounds ($16.4 billion).
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KKR, the private equity firm buying Alliance Boots, reaches a deal with the chemist's pension trustees.
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Resolution and Friends Provident, two of Britain&#39;s biggest life insurers, are heading for a merger worth 8.3 billion pounds, a newspaper said Sunday.
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The exchanges were in talks about an $11 billion merger, a union that would be the latest in a wave of consolidation among financial markets.
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Two of the UK's largest insurers,  Friends Provident and Resolution,  are in talks to merge according to reports.
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Discussions are taking place to secure a private sale of Northern Rock, Gordon Brown confirms.
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The share price of British insurer Friends Provident leapt higher on Monday after American private equity company J.C. Flowers said it was considering a takeover bid.
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Postal union leaders agree to a deal aimed at solving a bitter dispute over pay and conditions.
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The UK's two biggest co-operatives agree terms of a merger that would form the world's largest such group.
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Shares in British insurer Resolution  climbed more than 3 percent in early trade on Monday on hopes of a 5 billion pound ($10.2 billion) bid from rival Standard Life , backed by Swiss Re .
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Postal union leaders agree a deal aimed at solving a dispute over pay and conditions.
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Employers and unions have reached an agreement, resolving the long-running dispute over firefighters' pay.
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Two of the UK's largest life insurers, Friends Provident and Resolution, agree to merge in a deal worth Â£8bn.
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The main union representing employees at The Wall Street Journal and the newspaperâs parent have reached a tentative agreement on a three-year contract.
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First Choice Holidays confirms it is in talks over the possible sale of its package holiday business, following weekend reports.
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The longtime partners are expected to announce a new deal that looks likely to cover business services.
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The Home Depot has reached agreement with a shareholder group that had threatened a proxy fight over the companyâs strategy.