AMPs Exclusivity Agreement With AXA Ends
February 7th, 2010
| Tags: accept-takeover, amp, axa, banking, deals, HOME LOANS, nab, pacific
Australian wealth manager AMP’s exclusivity agreement with French insurance giant AXA SA in the proposed acquisition of Australasian subsidiary AXA Asia Pacific holdings (APH), ceased to be effective at the weekend, implying that on Monday, investors will have a better idea of who will be buying the company. The expiration of the agreement opens the door for National Australia bank , whose all cash and higher value bid trumped that of AMP’s, to begin negotiations with AXA SA.
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AMPs Exclusivity Agreement With AXA Ends
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