Resolution swings to £200m profit as it eyes 2011 deal

Scott Sinclair
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Buyout vehicle Resolution will continue to target further life company acquisitions after posting pre-tax profits of £203m in the first half of the year.

The group said in a statement it hopes to announce a new deal in the middle of 2011 following the acquisition of Friends Provident and, in a deal worth £2.75bn, Axa UK's life assurance business ear...

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