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Wednesday, August 22, 2007

Aegon to acquire Merrill Lynch Life for $1.3 bln

Aegon, one of the world's largest life insurance and pension companies, and Merrill Lynch announced they will form a strategic business relationship in the areas of insurance and investment products. As part of this relationship, an Aegon company has signed an agreement to acquire Merrill Lynch Life Insurance Company and ML Life Insurance Company of New York for USD 1.3 bln in cash. Read more...

posted by Charles Monat Associates at 8:16 PM


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