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Resolution To Buy UK Life Assurance Unit Of Axa For GBP2.75 Billion

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LONDON -(Dow Jones)- Resolution Ltd. (RSL.LN), the investment vehicle of U.K. entrepreneur Clive Cowdery, said Thursday it has agreed to buy AXA S.A.'s (AXAHY) U.K. life business through by FPH, a subsidiary undertaking of Resolution, for up to GBP2.75 billion...

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