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AXAHY.PK on OTC Markets Group

25 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Abertis to reach minimum of 88 pct in HIT
Wednesday, 29 Mar 2017 02:14am EDT 

Abertis Infraestructuras SA : Closes acquisition of a 9.65 percent stake in HIT from Axa Republique . Reaches deal to buy additional stake in HIT from Predica of at least 15 percent up to 17 percent for at least 700 million euros ($756 million) and up to 800 million euros .Since the beginning of 2017, Abertis will have increased its stake in HIT up to a minimum of 88 percent.  Full Article

Abertis to buy 9.56 percent of France's HIT from AXA Republique for 446 million euros
Wednesday, 1 Mar 2017 01:56am EST 

Abertis Infraestructuras SA : Reaches deal to buy 9.56 percent of Holding d'Infrastructures de Transports (HIT) from AXA Republique for 446 million euros ($470.4 million) .Since HIT is already globally consolidated in accounts of Abertis, deal has a positive impact of about 29 million euros on 2017 accounts.  Full Article

AXA denies media report of internal audit and review into its AXA Banque unit
Monday, 27 Feb 2017 07:01am EST 

Axa : Denies report in La Lettre de l'Expansion of internal audit into its AXA Banque division Further company coverage: [AXAF.PA] ((sudip.kargupta@thomsonreuters.com;)).  Full Article

Axa confirms a tie-up with Generali is not on agenda
Thursday, 23 Feb 2017 04:14am EST 

AXA executives' comments during a press conference: AXA says M&A with Generali not on the agenda . AXA says it has reached a critical size, which excludes small and big acquisitions - CEO Further company coverage: [AXAF.PA] ((paris.newsroom@thomsonreuters.com; +33 1 49 49 54 52 ;)).  Full Article

Suez and Axa sign partnership on urban resilience and territories facing risk of flooding
Tuesday, 24 Jan 2017 04:01am EST 

Suez Environnement :Axa and Suez have entered into a partnership on urban resilience and territories facing the risk of flooding.  Full Article

AXA successfully places $1 billion dated subordinated notes due 2047
Wednesday, 11 Jan 2017 12:26pm EST 

AXA SA : Announces successful placement of $1 billion dated subordinated notes due 2047 . Initial coupon has been set at 5.125 pct per annum . Coupon will be fixed until the first call date in January 2027 and floating thereafter with a margin including a 100 basis points step-up .Settlement of the notes is expected to take place on January 17, 2017.  Full Article

Vienna Insurance Group acquires Axa Company in Romania
Thursday, 4 Aug 2016 02:52am EDT 

Vienna Insurance Group Acquires Axa Company In Romania :.  Full Article

France's Axa will not contribute to new Italian bank bailout fund
Wednesday, 3 Aug 2016 05:32am EDT 

French insurer Axa Chief Financial Officer Gerald Harlin says: insurer, which is also a shareholder in Italian bank Monte dei Paschi , will not contribute to new Italian bank bailout fund . "We don't intend to pay into the Atlante (II) fund, just as we did not pay into Atlante I, for the obvious reason that we are shareholders of the bank (Monte dei Paschi) and have participated very extensively in the clean up of the bank." . he does not have any details of Monte dei Paschi's planned 5 billion euro capital hike so far BMPS.MI] (Reporting by Frankfurt newsroom).  Full Article

UK's CMA not to refer AXA-Phoenix deal for further investigation
Tuesday, 2 Aug 2016 02:00am EDT 

UK's CMA (Competition and Markets Authority) :Has decided, not to refer following Phoenix Group Holding merger with AXA Sunlife and Embassy business to a Phase 2 investigation.  Full Article

Central Bank of Ireland fines AXA over consumer protection code
Thursday, 28 Jul 2016 08:00am EDT 

Axa Sa : The Central Bank of Ireland says has imposed a fine of €675,000 on AXA Insurance Limited in respect of Minimum Competency standards and Consumer Protection Code breaches . The breaches have been accepted by the Firm as part of the Settlement Agreement between the Central Bank and the Firm entered into on 26 July 2016. Further company coverage: [AXAF.PA] (Reporting By Conor Humphries) ((conor.humphries@thomsonreuters.com;)).  Full Article

More From Around the Web

AXA's fund management arm to cut investment in coal companies

PARIS, April 25 The asset management arm of the French insurer AXA plans to cut the amount it invests for clients in the coal industry worth 177 million euros ($192.72 million).