Loans and Finance

Loans and Finance


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Tuesday, August 14, 2007

Zurich Sells Insurance Arm

It is reported that Zurich Financial Services is preparing to sell part of its UK life insurance business, in order to release up to £1BN.

The money released would allow Zurich to make a bid for Friends Provident, which recently agreed a highly controversial £8.3BN merger with Resolution.

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