AXA Completes Sale of Dutch Units
France’s AXA Group announced that it has successfully completed the sale of its principal Dutch insurance operations, comprising 100 percent of AXA Netherlands, Winterthur Netherlands and DBV Netherlands, for a total cash consideration of €1.797 billion ($2.458 billion).
AXA announced the sale to SNS Reaal, a Dutch financial-services company, earlier this year (See IJ web site June 4).
The sale was completed on September 5, 2007.
Source: AXA: www.axa.com
Popular Today
- Court Ruling Could Help Shed Light on Owners of Litigation Funders, Medical Clinics
- Aon Adds to List of Brokers Suing Howden US for Alleged Poaching, Theft
- UPS Ripped Off Seasonal Workers With Unfair Pay Practices, Lawsuit Alleges
- Brown & Brown Files Suit Over Alleged Howden Poaching of 200+ Employees