France’s AXA Group confirmed the sale of wholly owned subsidiary Banque Worms to Germany’s Deutsche Bank for an undisclosed amount.
The sale, scheduled to be completed before April 15, 2001, is ” in line with AXA’s original intention,” said the announcement, and “confirms the Group strategy to increase its focus on its core businesses of financial protection and wealth management.”|”axa, confirms, banque, worms, sale, deutsche, bank
Topics AXA XL
Was this article valuable?
Here are more articles you may enjoy.
Kansas Man Sentenced to Probation for Insurance Fraud 
Howden Buys M&A Insurance Broker Atlantic Group in US Expansion 
Good Times for US P/C Insurers May Not Last; Auto Challenges Ahead 
High-Net-Worth Risk Appetite Drops as Some Regions Show Stabilization 
