Posts Tagged ‘life assurance’

Bid for Friends Provident February 4th, 2008

US private equity group JC Flowers looks set to launch another approach for the UK life assurer, Friends Provident.  Shares in Friends have witnessed a sell off in recent months and following the release of a strategic review and subsequent further 10% fall on Thursday, shares ended the week at 136p.

The JC Flowers bid could value the company at 175p per share, a significant premium on the current price but below the 200p per share marker seen before the sell off.

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Compulsory Acquisition of SPG Media Shares 21 Nov 2008 14:53, The Financial Mail
... under Rule 8, you should consult the Panel. The company news service from the London Stock Exchange Note 1 Company names will not be displayed for announcements relating to international companies. ...

Placing and EGM Notice 21 Nov 2008 14:53, The Financial Mail
... The Placing has not been underwritten by Arbuthnot. Application will be made to the London Stock Exchange for the Placing Shares to be admitted to trading on AIM. It is expected ...

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Woolworths falls on concern it won't sell stores 21 Nov 2008 14:34, News Times Live
... downturn, lost 0.6 pence ($0.01)—or 29 percent—to 1.5 pence ($0.023) in trading on the London Stock Exchange at midday. The fall came after a newspaper report that a syndicate of Woolworths' ...

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    • Fiduciary
      A person who holds assets in a trust not for their own benefit but to ensure the safeguarding of the assets on behalf of the trusts benefactor.