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Resolution in talks with Lloyds over Clerical, say reports

Resolution is in talks with Lloyds Banking Group over the sale of Clerical Medical, according to reports.

An article in the Financial Mail on Sunday says discussions are at an early stage but suggests such a deal could fetch up to £4bn.

The news follows Clive Cowdery’s acquisition of Friends Provident earlier this month.


DB deficit at tipping point

Nearly a quarter of FTSE 100 firms will be unable to pay off their pension deficits over any reasonable time period, according to KPMG research.


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