December 10, 2012 / 7:28 AM / 5 years ago

BRIEF-Resolution severs links with advisory firm

LONDON, Dec 10 (Reuters) - Resolution Ltd : * Finalised arrangements on final phase of simplification of the governance

structure of the company * Will deliver a saving to the company on the fee that would otherwise have

been paid to rol * Rol will, on 27 March 2013, transfer to the company business activities * Price agreed for the business sale is £7.5 million * Fee that would have been paid between 28 March and 10 December 2013 is £14.6

million* * The company expects to become UK tax resident

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