Rivals poised as Friends Prov final merger details released

clock

Resolution and Friends Provident have released the final merger details to the stock exchange this morning, paving the way for a counter move from Pearl and Standard Life.

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 H...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Advisers: Are you even taking your own advice?

Advisers: Are you even taking your own advice?

Exploring the expenditure consolidation conversation

Nick Ryan
clock 25 March 2026 • 4 min read
CISI welcomes 76 Certified financial planners

CISI welcomes 76 Certified financial planners

Number of UK CFP professionals continues to rise

Sophia Panayi
clock 24 March 2026 • 1 min read
'Nobody is big enough not to be bought'

'Nobody is big enough not to be bought'

Roderic Rennison on the future of deals in the advice industry

Isabel Baxter
clock 20 March 2026 • 1 min read