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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Axa | EU:CS | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.75 | -5.12% | 32.44 | 32.40 | 32.68 | 32.78 | 32.30 | 32.50 | 7,064,669 | 16:40:00 |
From May 2019 to May 2024
PARIS--French insurance company AXA SA (CS.FR) Friday said it intends to raise its stake in its Indian insurance joint venture after the parliament in the Asian country approved a bill authorizing foreign companies to own up to 49% in insurance companies.
AXA will increase its stake in its Indian life and general insurance joint-venture with Bharti Enterprises to 49% from the current 26% once it reaches an agreement with its partner, the company said.
Last year, AXA reported a record net profit as its strategy to pull out of parts of Europe and invest instead in fast-growing emerging markets is paying off.
-Write to Inti Landauro at inti.landauro@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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