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Standard Life refuses to comment on UBS floatation plan claims

Standard Life is refusing to comment today on reports that investment bank UBS has been retained by the insurer to prepare it for possible stock market flotation if its current talks with the FSA over new accounting practices fall down.

News reports over the weekend said UBS advisers had been hired to prepare Standard for a suggested £5bn flotation as a possible option. Some suggest this is the board&#39s favoured option, but it is also looking at other options such as raising capital in the bond market, or potentially demerging its American subsidiaries or investment division.

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Cazalet warns Standard listing will be no cash windfall

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Halifax forecasts 8% rise for 2004

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