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Standard Life is spending 100m on demutualisation and floatation

Standard Life is spending 100m on its proposed demutualisation and flotation, which it says is typical for a company of its size.

The flotation is scheduled for next summer but will be delayed if market conditions are not suitable. It is thought that Standard Life will be valued at between 4bn and 6bn when it floats.

Standard kicks off a roadshow explaining its strategy to members in Borehamwood this Wednesday.

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