Saturday, April 12, 2008

FP.

"Troubled life assurer Friends Provident retreated 4.8 to 130.6p on suggestions that private equity predator JC Flowers could walk away. Analysts at Pali were sceptical about the rumour, saying it "will put pressure on the share price, shareholders and management" which will aid JC Flowers' case."

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/04/12/cxmktrep112.xml