Resolution board backs Stan Life offer: sources
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The board of British insurer Resolution  has backed a cash-and-shares takeover bid from rival Standard Life , sources familiar with the matter said on Friday.
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UK life insurer Resolution confirms it has had a bid approach by rival investment firm Standard Life.
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French state agency CDR is "close to an  agreement" with plaintiffs in a civil case in California  related to failed insurer Executive Life, a source close to the  matter said on Tuesday.
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Resolution and Friends Provident are in discussions to create a company with a market value of about $17 billion.
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Xcel Energy  said on Wednesday it reached a tentative settlement with the U.S. government related to a tax dispute over its life insurance policies.
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Resolution and Friends Provident may look to combine and create a company with a market value of about Â£8.3 billion, or $17.1 billion.
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The United Nations nuclear watchdog has adopted an EU-backed resolution endorsing Iran&#39;s halt to uranium enrichment. The resolution was supported by the body&#39;s 35 countries and came after a fraught week of
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Business News, MELBOURNE, Financial group HHG has agreed to sell its life insurance business, including Pearl, National Provident Life and London Life, for 1.025 billion pounds to Life Company Investor Group, and plans to return 875 million pounds of the
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WINNIPEGâThree federal cabinet ministers have assured the Canadian Wheat Board that they support its monopoly selling powers debated at recent world trade talks, the board&#39;s chairman said yesterday.
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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.
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MCI Inc. board members accepted an offer Sunday night from Verizon Communications Inc. valued at $6.6 billion to $6.8 billion after rejecting a sweetened bid from Qwest Communications, sources close to the negotiations said.
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A meeting of the DUP executive ended last night with its members unanimously endorsing Ian Paisley&#39;s strategy for reviving the Northern peace process.
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Unions give their backing to a new deal offered by the US owner of car parts maker Turner & Newall to save its troubled pension scheme.
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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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TORONTO (CP) - The NHL Players&#39; Association delivered a strong offer as promised Thursday, enough for the NHL to agree to meet again next Tuesday or Wednesday.
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Business & money: US pension fund backs demands for changes Bank insists share price shows strategy is right
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The board of ATA Holdings Corp.(ATAH.O: Quote, Profile, Research) , parent of low-cost air carrier ATA Airlines, has approved payments to key executives and employees who stay with the company after its bankruptcy filing