Slaughter and May and Norton Rose have taken lead roles on the potential £2.75bn takeover of AXA's UK life assurance business by Resolution. Slaughters is advising Resolution, the owner of life insurance giant Friends Provident, on its bid for AXA's UK life and savings operations which, if it confirmed, will be funded in part by a pre-emptive £2bn rights issue by Resolution.
June 17, 2010 at 09:24 AM
1 minute read
The original version of this story was published on Legalweek
Slaughter and May and Norton Rose have taken lead roles on the potential £2.75bn takeover of AXA’s UK life assurance business by Resolution.
Slaughters is advising Resolution, the owner of life insurance giant Friends Provident, on its bid for AXA’s UK life and savings operations which, if confirmed, will be funded in part by a pre-emptive £2bn rights issue by Resolution.
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