News - Asia: AXA completes deal in Asia Pacific
Source: Asia Insurance Review | May 2011
AMP Ltd (AMP) has acquired 100% of AXA Asia Pacific Holdings’ (AXA APH) shares for A$13.3 billion (US$14 billion). As part of the transaction, AXA then acquired from AMP 100% of AXA APH’s Asian operations for A$9.8 billion in cash. This marks the end of a long takeover battle.
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