Phoenix now in talks with CVC Capital Partners

Resolution may have called an end to its talks with Phoenix Group, but the FTSE 250 company has assured that it has received a number of approaches from other parties, most notably private equity firm CVC Capital Partners.

Resolution may have called an end to its talks with Phoenix Group, but the FTSE 250 company has assured that it has received a number of approaches from other parties, most notably private equity firm CVC Capital Partners.

Phoenix, which operates as the UK's largest specialist closed life fund operator, says it is continuing to consider whether CVC's approach my form the basis of an offer that is "appropriate" to recommend to its shareholders.

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