The New York Times logo The New York Times 4 weeks ago

Australian Insurer Rejects Takeover Bid

HONG KONG AXA Asia Pacific, the Australian unit of the French insurance giant AXA, rejected an unsolicited $10.2 billion takeover bid on Monday that was led by its parent. Full Article at The New York Times

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  1. HONG KONG AXA Asia Pacific, the Australian unit of the French insurance giant AXA, rejected an unsolicited $10.2 billion takeover bid on Monday that was led by its parent. Full Article at The New York Times

  2. By Jethro Mullen and Rebecca Thurlow AXA Asia Pacific Holdings Ltd. Full Article at Wall Street Journal

  3. SYDNEY, Nov 9 (Reuters) - Europe's second-largest insurer, AXA SA, sought to double its bet on Asian growth on Monday, unveiling a planned $7 billion buy-out of its Asian assets and sale of its Australian assets to local rival AMP Ltd. Full Article at International Herald Tribune

  4. The cash and share unsolicited bid valued Axa Asia Pacific at A$5.34 a share, the Melbourne-based company said today. That’s 24 percent higher than the previous closing price. Full Article at Bloomberg.com

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  1. A seagull is seen in front of the Australian insurer AXA Asia Pacific Holdings building in central Sydney November 9, 2009.
  2. In this photo provided by Queensland Art Gallery, a man views North Korean arts in Brisbane, Australia, Tuesday, Dec. 8, 2009 during the Asia Pacific Triennial of Contemporary Art display.

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