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The Herald (Free subscription) | 28/11/2008
Equitable Life has failed to attract a bidder for its remaining business, its chairman said yesterday.Vanni Treves, who in July said he hoped to "strike a deal by the end of the summer", said the sales process had been put on hold.Treves said: "Having carried out this important test of our options for improving prospects for our policy- holders, we will now focus on a stable and...
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Times Online (Free subscription) | 27/11/2008
... third party could improve prospects by way of lower costs or greater expense certainty." However, Vanni Treves, chairman of Equitable Life, said: "Having carried out this important test of our options for improving prospects for our policyholders, we will now focus on a stable and secure run-off of the society.”
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ireland.com (Free subscription) | 27/11/2008
... The group added it would now be looking in detail at the company, its people, structure and costs. Vanni Treves, chairman of Equitable, said: “Having carried out this important test of our options for improving prospects for our policyholders, we will now focus on a stable and secure run-off of the society.”
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The Telegraph (Free subscription) | 11/11/2008
Vanni Treves the chairman of Equitable Life yesterday called on the Government to follow the society's example and pay compensation to policyholders who saw their savings slashed when the insurance mutual almost collapsed.
