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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RICS: homebuyers are returning after stamp duty shockThe housing market has been subdued since stamp duty thresholds dropped in April, but there are signs of a recovery
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Reducing cash ISA limit will make lending difficult and expensive, warn providersAn open letter from the Building Societies Association has urged the chancellor to keep the cash ISA limit at £20,000. We look at whether a smaller cash ISA allowance will make it harder to get a mortgage or loan
