Lazard is negotiating terms for UK financial services group Halifax to buy a portion of Equitable Life's assets.

Halifax said on Wednesday that it was not interested in Equitable's life fund but was negotiating a price for Equitable's pension scheme, administration and IT systems, its fund management business as well as its sales force.

Lazard advising Halifax on Equitable Life deal

James Rossiter

Janine Brewis

Lazard

Deutsche Bank

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