France’s AXA announced that it plans to increase its corporate capital by € 3.7 billion ($3.3 billion) in order to finance part of its purchase of the 43.7 percent minority interest in Sun Life & Provincial Holdings (SLPH), announced yesterday.
AXA proposes to give existing shareholders rights to purchase one new AXA share for each 12 shares held for €123 ($112) during a period from May 11 to May 24.
Was this article valuable?
Here are more articles you may enjoy.
Another Crane, Then Another, Collapses Onto Home in Fort Lauderdale 
New Jersey Employers Should Prepare Now for Oct. 1 Independent Contractor Rule 
Independent Agencies Total About 37,000 in 2026, a Decrease From 2024 
Here Are Some AI Doomsday Scenarios Researchers Say Could Put Humanity at Risk 
