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24th February, 2013
The Irish Life Centre.

The big story

Shares climbed in Great-West Lifeco, Canada's second-largest insurer, after it agreed to buy Irish Life Group for €1.3 billion ($1.73 billion) from the Irish government last Tuesday.

Under the terms of the deal, the life and pensions operations of Irish Life and Canada Life in Ireland will come together as one combined business, which will operate under the Irish Life brand name.

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