Friends Provident to Keep Pantheon After Sale Fails ; Financial Services




Summary


Friends Provident has said it will retain its Pantheon business after failing to secure a buyer for the financial advice firm.

The life and pensions company yesterday said it had been unable to agree a sale price to realise suitable value for its investors, despite receiving interest from several parties.

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Extract


Friends Provident to Keep Pantheon After Sale Fails ; Financial Services

Reports earlier claimed Friends was close to selling the business to a priva...

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