Axa sells insurance operations in Gulf region
AXA announced today that it has completed the sale of its 50% shareholding in AXA Gulf and its 34% shareholding in AXA Cooperative Insurance Company (in Saudi Arabia) to Gulf Insurance Group, for a cash consideration of USD 264 million (or Euro 222 million*). The sale of AXA’s 28% shareholding…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Source: AXA