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In 2011 Resolution merged the UK operations of Friends Provident with the UK life assurance businesses acquired from Axa and Bupa under the name Friends Life. [8] Resolution changed its name to Friends Life Group in May 2014. [9] In December 2014, British insurer Aviva agreed terms for a £5.6 billion all-share takeover of Friends Life. Andy ...
A Smith, An Inquiry into the Nature and Causes of the Wealth of Nations (1776) Book V, ch 1, §107 A similar chartered company, the South Sea Company, was established in 1711 to trade in the Spanish South American colonies, but met with less success. The South Sea Company's monopoly rights were supposedly backed by the Treaty of Utrecht, signed in 1713 as a settlement following the War of ...
Revised text of statute as amended. The Companies Act 2006 (c. 46) is an act of the Parliament of the United Kingdom which forms the primary source of UK company law . The act was brought into force in stages, with the final provision being commenced on 1 October 2009. It largely superseded the Companies Act 1985 .
Operating income. £ 482.3 million (2006) Net income. £ 531.3 million (2006) Number of employees. 40 (2009) Resolution plc was a UK insurance company headquartered in the City of London. It was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index but was acquired by the Pearl Group in May 2008.
e. In corporate governance, a company's articles of association ( AoA, called articles of incorporation in some jurisdictions) is a document that, along with the memorandum of association (in cases where it exists) forms the company's constitution. The AoA defines the responsibilities of the directors, the kind of business to be undertaken, and ...
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC ...
Company formation is the term for the process of incorporation of a business in the UK. It is also sometimes referred to as company registration. These terms are both also used when incorporating a business in the Republic of Ireland. Under UK company law and most international law, a company or corporation is considered an entity that is ...
Although formed with a board composed of Dr. Black (who became the first CEO of the new company), John Carey, and the four co-founders drawn from the internet industry, [21] elections were held by the new membership which resulted in the first elected board members to oversee the growth of the UK domain name industry. John Carey resigned before ...