Aegon to buy Merrill insurance units for $1.3 bln (Reuters via Yahoo! News)
Dutch insurer Aegon NV said on Monday it agreed to buy Merrill Lynch Life Insurance Co. and ML Life Insurance Co. of New York for $1.3 billion in cash to boost its sales of variable annuities and distribution in the United States.

Aegon to buy Merrill insurance unit for $1.3 bln (Reuters via Yahoo! News)
Aegon NV said on Monday it agreed to buy Merrill Lynch Life Insurance Co. and ML Life Insurance Co. of New York for $1.3 billion in cash.