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Adrian Montague (Executive)

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Cowdery is no Quaker, but Montague has done his best

05.10.09
When I visited the office of Barclays chairman Marcus Agius recently, he proudly showed me a corridor, the walls of which were covered with portraits of the bank’s founders. Quakers. ... more

£1.86bn deal for Friends but 700,000 are losing out

10.08.09
Around 700,000 small investors in Friends Provident were today offered much less than half what the shares were worth at flotation eight years ago to sell their holding to insurance tycoon Clive Cowdery ... more

Friends’ final Resolution rebuff

27.07.09
Life assurer Friends Provident today slammed the door on Resolution boss Clive Cowdery and said discussions about a possible tie-up were well and truly over... more

Pledge to keep Friends divi in takeover plan

20.07.09
Friends shareholders were told today that Resolution’s takeover plan would pay them a minimum £1500 cash sweetener and preserve their dividend ... more

Sweetener and divi pledge in takeover tilt at Friends

20.07.09
Friends Provident shareholders told that Resolution’s takeover plan would pay them a minimum £1500 cash sweetener and preserve their dividend... more

Pay bonanza of the City's part-time string-pullers

07.04.09
... more

Sales slump hits Friends as chief eyes turnaround

27.01.09
Insurance: The size of the task facing the new boss of Friends Provident was laid bare when the insurer unveiled a slump in sales... more

Friends gets new finance chief from rival insurer

07.11.08
Friends Provident has again raided rival insurer Standard Life to fill an executive spot... more

Nuclear policy is back to Plan A as French dump BE

01.08.08
City shareholders killed off the £12 billion sell-off of British Energy to the French at the eleventh hour after an evening of fraught tensions in the Square Mile... more

High drama in the City as nuclear deal collapses

01.08.08
Gordon Brown's energy policy is in tatters after a deal to sell Britain's nuclear power plants to a French company collapsed at the last minute... more

Brit Energy shows hand on N-sites

17.07.08
Dungeness in Kent, Bradwell in Essex and Sizewell in Suffolk are named as preferred sites for the building of atomic reactors by nuclear electricity generator British Energy... more

Higher price hopes as Energy race hots up

16.05.08
UK nuclear energy giant British Energy could be sold for more than expected, the company revealed, sending the shares up sharply... more

Friends right to resist barrage

16.04.08
Friends Provident chairman Sir Adrian Montague is right to hold his nerve in the face of the media barrage from JC Flowers... more

Friends turns back on new Flowers bid

31.03.08
Friends Provident feels strong enough to turn down a £3.5bn takeover bid from JC Flowers... more

A good idea that turned out bad

11.03.08
It is rare for a company to be destroyed by a good idea but that is effectively what happened to Friends Provident. Last year it tried to take over cash-rich Resolution Life as a way to continue to finance its own expansion in wealth management and traditional pension and insurance products... more

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