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20th of October 2018

Economy



BSX Suspends Trading Of XL Due To Acquisition

The Bermuda Stock Exchange [BSX] announced it has, prior to the market opening today [Sept 12], suspended trading in XL Group Ltd.’s common shares pursuant to the company’s acquisition by AXA, S.A.

The BSX said they waived the normally required 60-day notice period in consideration of the specific circumstances of the acquisition and to mirror action taken by the New York Stock Exchange.

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