AXA Continues To Review Asia Options As NAB Deal Folds
14 9월 2010 - 7:21PM
Dow Jones News
AXA SA (AXA) said Tuesday that it took note of National
Australia Bank Ltd's (NAB.AU) decision to drop its offer for the
French insurance company's AXA Asia Pacific Holdings (AXA.AU) unit,
and that it will continue to review its options in Asia.
"AXA remains fully committed to support the Australia and New
Zealand businesses," it said in a statement.
NAB earlier Tuesday dropped its A$13.3 billion agreement to take
over AXA APH after the Australian competition regulator last week
said it would block the deal on competition concerns for a second
time.
-By Digby Larner, Dow Jones Newswires; +33 1 4017 17 48;
digby.larner@dowjones.com
(Lyndal McFarland contributed to this item.)
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