We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Name | Symbol | Market | Type |
|---|---|---|---|
| AXA SA (QX) | USOTC:AXAHY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.062958 | 0.19% | 34.02 | 33.80 | 34.84 | 34.59 | 33.88 | 34.49 | 136,873 | 21:05:46 |
From Apr 2019 to Apr 2024
By Mauro Orru
AXA SA said late Friday that it has reached an agreement with Indian conglomerate Bharti to merge their non-life insurance operations in India.
The French insurance giant said Bharti AXA General Insurance Company Ltd.--the non-life insurance operations in India in which AXA and Bharti respectively own 49% and 51%--would be combined into ICICI Lombard General Insurance Company Ltd., with the transaction expected to close by the fourth quarter of 2021.
Both AXA and Bharti will receive 35.8 million shares of ICICI Lombard, representing 521 million euros ($614.5 million) at current market value.
AXA said the transaction should add roughly EUR200 million to its 2021 net income.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
August 24, 2020 01:18 ET (05:18 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
1 Year AXA (QX) Chart |
1 Month AXA (QX) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
