France’s AXA Group announced that it has successfully completed the sale of its principal Dutch insurance operations, comprising 100 percent of AXA Netherlands, Winterthur Netherlands and DBV Netherlands, for a total cash consideration of €1.797 billion ($2.458 billion).
AXA announced the sale to SNS Reaal, a Dutch financial-services company, earlier this year (See IJ web site June 4).
The sale was completed on September 5, 2007.
Source: AXA: www.axa.com
Was this article valuable?
Here are more articles you may enjoy.
Don’t Look Now, But Citizens Is No Longer the Largest Property Insurer in Florida 
Satellite Data Reveals Hurricane Melissa Damage in Jamaica 
Catastrophe Bond Investors Told to Brace for Jamaica Payout 
Starr Acquiring IQUW; Starr Managing Agency to Be Among 10 Largest at Lloyd’s 
