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Standard Life feels the heat to reach Resolution takeover deal

Standard Life came under renewed pressure to secure a friendly deal at a high price to take over Resolution, if it still plans to bid, when rival bidder Pearl yesterday firmed up its 16.5% shareholding in Resolution.

Standard Life came under renewed pressure to secure a friendly deal at a high price to take over Resolution, if it still plans to bid, when rival bidder Pearl yesterday firmed up its 16.5% shareholding in Resolution.