Aviva has agreed to buy Friends Life for £5.6bn in a deal that will create the UK's largest insurance, savings and asset management firm.
Shareholders in Friends Life are being offered 394p per share - roughly 8% more than what they are currently worth - if they support the deal. They would own about 26% of the enlarged group. Following...
Calling for 'imaginative and creative' approach to negotiations
The chairman is pretty sure what IFA stands for
Ahead of German election
Existing investors given three-week headstart
Pricing in a rate rise