AXA Sells UK Pensions and Direct Protection Businesses to Phoenix 

AXA SA has agreed to sell its investment, pensions and direct protection businesses in the U.K. to insurer Phoenix Group Holdings, part of the French insurer's strategy to exit some parts of Europe to invest in faster growing markets. (published 0551 GMT)

 
 
Smoke Seen Billowing From Korean Airlines Jet on Ground at Tokyo's Haneda Airport 

Smoke was seen billowing from the engine of a Korean Airlines jet on the tarmac of one of the runways at Tokyo's Haneda airport early Friday afternoon, Japan's national broadcaster NHK reported. (published 0419 GMT)

 
 
GT Capital Holdings Agrees to Buy Stake in Metro Pacific Investments 

Philippine conglomerate GT Capital Holdings Inc. has agreed to buy new and existing shares in First Pacific Co.'s Philippine-listed affiliate Metro Pacific Investments Corp. for a combined $642.8 million. (published 0509 GMT)

 
 
Zoomlion Heavy Industry Terminates Talks to Buy U.S.-Based Terex 

Zoomlion Heavy Industry Science & Technology Co. said it had decided to end talks over a proposed acquisition of U.S. construction-crane maker Terex Corp. (published 0420 GMT)

 
 
Wenzhou Kangning Hospital Considers A-Share Listing in China 

Wenzhou Kangning Hospital Co. is considering listing its shares in China. (published 0056 GMT)

 
 
Gemini Investments to Pay US$53 Mln for Two Properties in New York City 

Gemini Investments Ltd. has agreed to buy two adjacent properties in U.S.'s New York city for US$53 million to tap a gradual recovery of the world's largest economy. (published 0013 GMT)

 
 
 

(END) Dow Jones Newswires

May 27, 2016 02:00 ET (06:00 GMT)

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