Rivals poised as Friends Prov final merger details released

The publication of the proposed £8.5bn merger’s shareholder documentation is expected to trigger bids for Resolution from the rivals, either as a joint or separate offer. Copies of the Prospectus and Scheme Circular are available at www.friendsprovident.com/merger and the Prospectus and Class 1 Circular at www.resolutionplc.com, until the date of the proposed amalgamation – expected to be 29 November. The terms of the Friends Provident and Resolution merger are unchanged from the RNS announcement on 10 September. To comment on this story, contact: Hysni Kaso Reporter 0207 034 2681 Hysni...