France-based insurer AXA SA is selling its 15.6% stake in Taikang Life Insurance Co, China's fourth-largest life insurer, said Taikang Life's chairman, Chen Dongsheng, sources reported.Chen's speech came after a recent media report on the stake sale by AXA, which hoped to raise about US$1 billion via the...
AXA SA expects to raise about US$1 billion by selling its entire 15.6% stake in China's Taikang Life Insurance Co, sources reported, citing people familiar with the situation. The stake was inherited from Credit Suisse's insurance unit Winterthur, which French insurer AXA acquired in 2006 in a bid to enhance...
Nov. 20, 2008 (China Knowledge) - AXA SPDB Investment Managers Co Ltd said on Wednesday it would launch its first bond fund on Nov 24, according to sources.The fund is expected to invest at least...
* AMP, AXA SA need to sweeten bid by about 10 pct - analysts * Revised offer likely to value AXA at around A$6 per share * AMP insists the offer is compelling * AXA...
SYDNEY, Nov 17 - Australian stocks fell 0.5 percent on Tuesday, dragged down by banking shares, while takeover target AXA Asia Pacific Holdings Ltd <AXA.AX> fell on doubts that a higher offer for the company...
SYDNEY, Nov 17 - Australian stocks gave up their morning gains and turned mildly negative on Tuesday, as takeover target AXA Asia Pacific Holdings Ltd <AXA.AX> fell on doubts that a higher offer for the...
* AMP seen attempting to manage expectations * CEO says proposal very compelling offer * AXA shares drop by over 3 percent (Adds comment, share reaction) MELBOURNE, Nov 17 - Australian wealth manager AMP Ltd...
MELBOURNE, Nov 17 - Australian life insurer AMP Ltd <AMP.AX> said on Tuesday its joint proposal with French insurer AXA SA <AXAF.PA> to acquire AXA Asia Pacific Holdings <AXA.AX> only makes sense at a price...
Nov 9 - The majority-owned Asian arm of French insurer AXA SA on Monday rejected a $10.3 billion bid from its parent and Australian rival AMP Ltd. Following are some key events in the expansion...
* Paris-based AXA SA plans 2 bln euro rights offer * Offer values target firm at $10.3 billion * AXA SA would get Asia assets * AMP would get Australasian assets * AXA Asia Pacific...