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.
AI’s Volatile Power Demand Is Damaging Its Own Data Centers 
UnitedHealth Investor Suit Alleges Security, Governance Lapses 
Seven People Charged in $100M Workers’ Compensation Fraud Operation in Florida 
Lindsay Clancy Trial Focus Turns to Drugs Prescribed Before She Killed Her 3 Children 
