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F&C Asset merges with Reit in £8.5bn deal

... in transactions sub-sequent to a deal involving Friends Provident's stake.F&C finance director David Logan said: "It is a sign of strength that we believe we can go on enhancing returns for shareholders with deals such as this and that as people learn more about our approach, even with the uncertainty over the busi-ness, they can see the bene- fits of being associated with us."Noe,...