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AXA eyes Asia insurance growth via AMP asset deal

SYDNEY/HONG KONG (Reuters) - French insurer AXA (AXAF.PA) bid for full control of its majority-owned Asian arm on Monday, seeking a tighter grip on the region's strong growth potential. Full Article at Reuters

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  1. SYDNEY/HONG KONG (Reuters) - French insurer AXA <AXAF.PA> bid for full control of its majority-owned Asian arm on Monday, seeking a tighter grip on the region's strong growth potential. Full Article at ABC News

  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. HONG KONG - NOVEMBER 22:  Hong Kong actress and singer Joey Yung attends the premiere for the music video of 2009 Asia Game Show as ambassador at MegaBox Shopping Mall on November 22, 2009 in Hong Kong, China.
  3. President Barack Obama waves as he walks off of Air Force One at Andrews Air Force Base Maryland, Thursday, Nov. 19, 2009, after returning from a trip to Asia.
  4. SEOUL, SOUTH KOREA - NOVEMBER 18:  Policemen stand guard in front of the U.S. embassy during a protest the visit of U.S. President Barack Obama in Seoul's downtown on November 18, 2009 in Seoul, South Korea.
  5. BEIJING - NOVEMBER 17:  U.S. President Barack Obama (R) attends a bilateral meeting with Chinese President Hu Jintao at the Great Hall of the People on November 17, 2009 in Beijing, China.
  6. SHANGHAI, CHINA - NOVEMBER 15:  Notebooks painted with U.S president Barack Obama are seen for sale on November 15, 2009 in Shanghai, China. Obama is on his first official trip to Asia where while in China he will address economic tensions between the two nations.
  7. SINGAPORE - NOVEMBER 14: Russian President Dmitry Medvedev attends the second day of the Asia Pacific Economic Cooperation (APEC) CEO Summit at Suntec International Convention & Exhibition Centre on November 14, 2009 in Singapore.
  8. SINGAPORE - NOVEMBER 13: Yoon-Dae Euh, Chairman, Presidential Council on Nation Branding and Chairman, Steering Committee, Korea Investment Corporation attends first day of the Asia Pacific Economic Cooperation CEO Summit at the Suntec Singapore International Convention & Exhibition Centre on Nov...
  9. WASHINGTON - NOVEMBER 12:   U.S. President Barack Obama makes a statement to the press on the economy in the Diplomatic Reception Room at the White House November 12, 2009 in Washington, DC.

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