AXA, AMP, AXA APH Sign Acquisition Agreement
29 Novembre 2010 - 9:43AM
Dow Jones News
French insurance company AXA SA (CS.FR), Australian wealth
manager AMP Ltd. (AMP.AU) and AXA Asia Pacific Holdings Ltd.
(AXA.AU), or AXA APH, signed an agreement that will allow AXA to
buy 100% of the AXA APH's Asian activities, AXA said Monday.
Earlier this month, AXA teamed up with Australian wealth manager
AMP Ltd (AMP.AU) to launch a fresh $13.1 billion bid for AXA APH.
AMP would keep the AXA APH's assets in Australia and New Zealand,
while AXA would take the assets in Asia.
AXA APH's minority shareholders are likely to vote on the deal
by the end of the first quarter of 2011. The planned takeover also
needs the approval of Australian Treasurer Wayne Swan, and it
remains subject to satisfactory completion of due diligence.
The Australian Competition and Consumer Commission has already
given its blessing to AMP's bid, having blocked an earlier offer
for the company from National Australia Bank Ltd. (NAB.AU).
-By Inti Landauro, Dow Jones Newswires; +33 1 4017 1740;
inti.landauro@dowjones.com
Axa Asia Pacific Holdings (ASX:AXA)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
Axa Asia Pacific Holdings (ASX:AXA)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024
Real-Time news about Axa Asia Fpo (Australian Stock Exchange): 0 recent articles
Plus d'articles sur Axa Asia Pacific Holdings