21 Jan 2000
Prudential and Bank of Scotland - Proposals for Natwest Life
Prudential and Bank of Scotland have signed a memorandum of understanding whereby, should Bank of Scotland's bid for NatWest succeed, Prudential will purchase NatWest Life and gain exclusive rights to sell Prudential branded life, pensions and retail investment products through NatWest branches.
Further details are contained in the announcement by Bank of Scotland made today.
Tel: 0207 548 3753
Jan Shawe / Jeremy Reynolds
Prudential Media Relations
Tel: 0207 548 3911 / 3721