Pearl plans Resolution cash offer

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Pearl Group is primed to make a cash offer for Resolution as early as next week, it has been reported.

The Hugh Osmond led company is believed to be preparing a 660p per share offer, below Resolution's 683.5p share price this morning. The move is the latest in a string of efforts Pearl has taken to scupper Resolution’s proposed merger with Friends Provident. To comment on this story, contact: Hysni Kaso Reporter 0207 034 2681 [email protected] IFAonline

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