French insurer Axa and Australia’s AMP have launched one of Asia’s biggest unsolicited takeover bids of the year, tabling a joint A$11bn (US$10.2bn) offer for Axa’s majority-owned Asian business.
COMPANIES
Axa links with AMP on A$11bn Asia offer
By Scheherazade Daneshkhu in Paris, Peter Smith in Sydney and Paul J Davies in London
Published: November 9 2009 01:48 | Last updated: November 9 2009 19:18
Towering ambitions: Axa has launched a €2bn rights issue to fund acquisitions
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