The Age logo The Age 1 month ago

AXA tilt has just begun

Faced with a tag-team takeover proposal on Saturday from its its 53 per cent French shareholder AXA SA and AMP AXA Asia Pacific has done the obvious thing, and rejected the offer as inadequate. Full Article at The Age

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

  2. THE Australian share market closed strong, buoyed by solid housing finance data and healthier financial stocks. The $11 billion cash and equity takeover bid by AMP Ltd and AXA SA for AXA Asia Pacific Holdings Ltd the standout play. Full Article at Herald Sun

  3. HONG KONG — Asian stock markets opened the week with gains across the board, taking their cue from U.S. markets that rose even after the United States recorded its highest jobless rate in more than 26 years. Full Article at The New York Times

  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. A South Korean customer walks past an advertisement for a bank's interest in Seoul, South Korea, in Seoul, South Korea, Thursday, Dec. 10, 2009.

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