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AXA Axa Asia Fpo

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type
Axa Asia Fpo ASX:AXA Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

AMP: AXA Asia Pacific Remains Strategically Attractive At Right Price

09/09/2010 1:48am

Dow Jones News


Axa Asia Pacific Holdings (ASX:AXA)
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AMP Ltd. (AMP.AU) continues to see AXA Asia Pacific Holdings Ltd. (AXA.AU) as an attractive strategic target but sees no urgency to make any quick moves on the group after the Australian Competition and Consumer Commission said it continues to oppose National Australia Bank Ltd.'s (NAB.AU) A$13.3 billion bid for AXA APH, an AMP spokeswoman said Thursday.

"AMP has always said AXA remains strategically attractive but at the right price," the AMP spokeswoman said.

She said the group feels no sense of urgency to decide on its next steps and said whether the group will seek fresh talks with AXA APH's parent company, AXA SA (AXAHY) is "a decision for another day".

She said the group welcomed the ACCC's decision to oppose NAB's deal and said it was a "great outcome for competition".

-By Lyndal McFarland, Dow Jones Newswires; 61-3-9292-2093; lyndal.mcfarland@dowjones.com

 
 

1 Year Axa Asia Pacific Holdings Chart

1 Year Axa Asia Pacific Holdings Chart

1 Month Axa Asia Pacific Holdings Chart

1 Month Axa Asia Pacific Holdings Chart