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20th of October 2018

Economy



Axa’s acquisition of XL nears completion | The Royal Gazette:Bermuda Re-Insurance

Published Sep 11, 2018 at 6:49 pm (Updated Sep 11, 2018 at 6:49 pm)

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The $15.3 billion acquisition deal between French insurance giant Axa and XL Group is expected to close tomorrow.

Yesterday, Axa announced it had obtained all regulatory approvals required to complete the proposed acquisition, which was announced in March.

The acquisition is expected to close tomorrow pending the satisfaction of the remaining customary closing conditions.

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