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
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