Conditions for merger and acquisiti...
Office tables reduced by up to 65%.
Conditions for merger and acquisitions became favorable again in 2003 for North American insurers after a pair of years of pain and turmoil in the industry. Last year's deals included orb of day Life Financial and Clarica Life, Great-West Life and Canada Life, Prudential Financial and American Skandia, and MetLife Inc.'s purchase of John Hancock's assemblage life business. Planned deals include Axa Financial and the MONY collection Prudential and the retirement business of Cigna, and the blockbuster: Manulife Financial and John Hancock Financial
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