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AXA SA (AXAF.PA)

AXAF.PA on Paris Stock Exchange

25.14EUR
17 Nov 2017
Change (% chg)

€0.04 (+0.14%)
Prev Close
€25.10
Open
€25.11
Day's High
€25.30
Day's Low
€25.02
Volume
6,437,130
Avg. Vol
5,378,332
52-wk High
€26.34
52-wk Low
€21.46

Latest Key Developments (Source: Significant Developments)

AXA CEO has decided to keep AXA Investment Managers -Le Monde
Tuesday, 14 Nov 2017 06:47am EST 

Nov 14 (Reuters) - Axa ::* CEO tells Le Monde newspaper in interview that he has decided to keep AXA Investment Managers.* CEO Thomas Buberl had sent staff an Email last month, in which he said that AXA had been approached by a number of players interested in doing a deal with its asset management arm, but the company continued to regard the business as a strategic asset nL8N1MN5BM.* AXA had been in talks with French banks, such as BNP Paribas and Natixis , over a possible tie-up in asset management, aiming to build a business with at least 1 trillion euros ($1.2 trillion) of assets under management, sources familiar with the matter had told Reuters..  Full Article

AXA says ready to do share buybacks if doesn't find M&A targets
Tuesday, 14 Nov 2017 05:55am EST 

Nov 14 (Reuters) - Axa Sa :Axa ceo says if it doesn't find right m&a targets, it's ready to do share buybacks.  Full Article

AXA's US subsidiary AEH files the registration statement for an IPO
Tuesday, 14 Nov 2017 04:32am EST 

Nov 14 (Reuters) - AXA SA ::ANNOUNCED ON MONDAY THAT ITS US SUBSIDIARY AXA Equitable Holdings, Inc. (AEH) FILED THE REGISTRATION STATEMENT FOR AN IPO.OFFERING EXPECTED TO CONSIST OF MINORITY STAKE IN AEH'S COMMON STOCK, TO BE SOLD BY AXA AS SELLNG STOCKHOLDER.EXPECTS IPO TO OCCUR IN Q2 OF 2018.  Full Article

Axa simplifies operating model to accelerate transformation
Monday, 13 Nov 2017 03:11am EST 

Nov 13 (Reuters) - ‍Axa Group says in a statement::Axa group to operate closer to its clients, with 5 key geographies ( France, Europe, the US, Asia, and International) and a refocused corporate center..Key transversal entities will be managed alongside these 5 geographies, including AXA Investment Managers, AXA’s core, fully-owned asset management unit, and AXA Corporate Solutions, AXA’s large insurance risks business. . The CEOs of AXA Investment Managers and AXA Corporate Solutions will report to AXA’s Group CEO..As part of this simplification effort, in Europe, direct and traditional entities will report to the country CEO to accelerate the synergies between direct and traditional business..AXA expects the new operating model to be effective in the first quarter of 2018..Source text for Eikon: [ID:].  Full Article

Amundi reports 31 bln eur in Q3 net inflows after Pioneer acquisition
Friday, 27 Oct 2017 01:00am EDT 

Oct 27 (Reuters) - Amundi Sa :Amundi reports net inflows of 58 billion eur over the first nine months, out of which 31 billion eur in q3 2017.Amundi says "results up sharply thanks to integration of pioneer and business momentum".Amundi says had 1.4 trln eur in assets under management at end-sept, including pioneer's aum.Amundi CEO says integration of pioneer is well under way, confirms previously announced synergies and potential value creation.Amundi says q3 net income down 4.6 percent to 184 million eur, according to combined income statement.Amundi CEO says we have already played our part in asset management market consolidation.Amundi CEO says our target in the future is to successfully carry out integration of pioneer.Amundi CEO says it has not had any discussions with AXA over a tie-up recently.  Full Article

Axa's stake in Monte dei Paschi all but wiped out after state bailout
Tuesday, 3 Oct 2017 10:46am EDT 

Oct 3 (Reuters) - Banca Monte Dei Paschi Di Siena Spa ::French insurer Axa has reduced its stake in the lender to 0.038 percent from 3.17 percent after a state recapitalisation scheme, according to a filing by Italian market watchdog Consob .  Full Article

Axa issues 914,080 new ordinary shares - Euronext
Thursday, 27 Apr 2017 05:57am EDT 

April 27 (Reuters) - Euronext::Following exercise of option Axa SA <<>> issues 914,080 new ordinary shares, which will be listed on Euronext Paris Market as of May 2, 2017.  Full Article

Generali chairman says not in talks with Axa
Thursday, 27 Apr 2017 05:53am EDT 

April 27 (Reuters) - Assicurazioni Generali Chairman Gabriele Galateri di Genola says::Not in talks with Axa over possible merger.Has never received any proposal from Intesa Sanpaolo.  Full Article

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

EU mergers and takeovers (Nov 15)

BRUSSELS, Nov 15 The following are mergers under review by the European Commission and a brief guide to the EU merger process: