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Equitable in no hurry to sell

EQUITABLE Life said it remained in "serious discussions" about a sale of all or part of its business but stressed it was not in a hurry to do a deal.

The mutual life insurer said it continued to be in talks with other players, but it did not have anything to announce.

Chief executive Charles Thomson said: "We are willing sellers if a deal can be done but we are not forced sellers and we are strong enough to run off the with-profits fund."


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Saturday 26 May 2012

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