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UK's Chesnara to buy HSBC Life UK for $355 million

July 3 (Reuters) - Life and pensions consolidator Chesnara CSN.L on Thursday said it had signed an agreement to buy HSBC Bank's UK life insurance business, HSBC Life (UK) Ltd, for 260 million pounds($354.85 million).

($1 = 0.7327 pounds)

 (Reporting by Chandini Monnappa in Bengaluru; Editing by Nivedita Bhattacharjee)

 ((Chandini.M@thomsonreuters.com; +918061822697;))

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