Clive Cowdery News
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Resolution Ltd., the insurance buyout firm founded by Clive Cowdery, said first-quarter revenue dropped as corporate clients delayed enrolling into pension plans as new legislation is implemented in the U.K.
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Resolution Ltd., the insurance buyout firm founded by Clive Cowdery, said full-year profit fell 60 percent after the firm paid more for information technology as it integrated businesses.
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Resolution Ltd., the financial- services buyout firm founded by Clive Cowdery, said talks about a possible acquisition of Phoenix Group Holdings Plc have terminated.
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Resolution Ltd., the insurance buyout firm founded by Clive Cowdery, abandoned plans to sell businesses on the public markets and said John Tiner, head of its management company, will retire.
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Resolution Ltd., the insurance buyout firm founded by Clive Cowdery, said former Standard Chartered Plc Chief Executive Officer Malcolm Williamson will replace Mike Biggs as chairman later this year.
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Resolution Ltd., Clive Cowdery’s insurance buyout firm, is in advanced talks about a 1.2-billion pound ($1.9 billion) takeover bid for Phoenix Group Holdings Plc, the Sunday Times reported.
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Resolution Ltd. , the insurance buyout firm founded by Clive Cowdery , plans to buy back 250 million pounds ($410 million) of shares, part of a plan to return 500 million pounds to investors over the next year.
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Resolution Ltd., the insurance buyout firm founded by Clive Cowdery in 2008, dropped the most in two months in London trading after international sales declined and one-time costs of technology increased.
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Clive Cowdery has left investors with losses of 30 percent after failing to repeat the success of the strategy that won him a reputation as London’s top insurance dealmaker. He and his team still profited from management fees.
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Sun Life Financial Inc., Canada’s third-largest insurer, is seeking a buyer for a U.S. annuities business that may fetch more than $1 billion, said people with knowledge of the matter.
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