Build up to Aviva and Friends Life merger probed by FCA, claims report
The Financial Conduct Authority is investigating the build up to Aviva’s merger with Friends Life and has asked investment bankers involved in the deal to hand over records.
According to a report by the Financial Times, the conduct regulator is looking into a spike in the share price at Friends Life a month before the £5.6bn deal was leaked last November.
Advisors on the
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