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AXA SA and AMP end exclusivity deal
February 8, 2010
Investors may have a better idea who will be successful in buying AXA Asia Pacific Holdings (AXA APH) today after AMP's exclusivity agreement with AXA SA came to an end at the weekend.
The exclusivity agreement, which was formed as the two companies attempted to buy AXA APH and divide it between them, came to an end on Saturday.
The passing of the date will open the way for National Australia Bank, which trumped AMP in December with an all-cash bid valuing AXA APH at $13.29 billion, to start discussions with AXA SA.
Original Posting At: NZHerald
The exclusivity agreement, which was formed as the two companies attempted to buy AXA APH and divide it between them, came to an end on Saturday.
The passing of the date will open the way for National Australia Bank, which trumped AMP in December with an all-cash bid valuing AXA APH at $13.29 billion, to start discussions with AXA SA.
Original Posting At: NZHerald
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