Resolution agrees to buy AXA's (AXAHY.PK) U.K. life insurance ops for £2.75B ($4.1B). Resolution...

|About: AXA ADR (AXAHY)|By:, SA News Editor

Resolution agrees to buy AXA's (AXAHY.PK) U.K. life insurance ops for £2.75B ($4.1B). Resolution is trying to bulk up its U.K. life insurance by merging several companies, and AXA plans to use the money to fund growth in other areas, including its U.K. wealth management business. (PR)