PR Newswire/Les Echos/
PARIS, NOVEMBER 29, 2013
AXA to sell its Romanian operations
AXA announced today it has entered into an agreement with Astra Asigurari to
sell its Life & Savings insurance operations in Romania and exit the Romanian
market. Astra Asigurari is one of the leading Romanian insurance
The parties agreed not to disclose the terms and conditions of the transaction.
Completion of the transaction is subject to customary closing conditions,
including the receipt of regulatory approvals.
ABOUT THE AXA GROUP
The AXA Group is a worldwide leader in insurance and asset management, with
160,000 employees serving 102 million clients in 57 countries. In 2012, IFRS
revenues amounted to Euro 90.1 billion and IFRS underlying earnings to Euro
4.3 billion. AXA had Euro 1,116 billion in assets under management as of
December 31, 2012.
The AXA ordinary share is listed on compartment A of Euronext Paris under the
ticker symbol CS (ISN FR 0000120628 - Bloomberg: CS FP - Reuters: AXAF.PA).
AXA's American Depository Share is also quoted on the OTC QX platform under the
ticker symbol AXAHY.
The AXA Group is included in the main international SRI indexes, such as Dow
Jones Sustainability Index (DJSI) and FTSE4GOOD.
It is a founding member of the UN Environment Programme's Finance Initiative
(UNEP FI) Principles for Sustainable Insurance and a signatory of the UN
Principles for Responsible Investment.
THIS PRESS RELEASE IS AVAILABLE ON THE AXA GROUP WEBSITE
Investor Relations: Individual Shareholder Relations:
Mattieu Rouot: +18.104.22.168.46.85 +22.214.171.124.48.43
Jennifer Lejeune: +126.96.36.199.39.27
Yael Beer-Gabel: +188.8.131.52.47.93
Florian Bezault: +184.108.40.206.59.17
Clémence Houssay: +220.127.116.11.73.22
Varvara Romanenco : +18.104.22.168.73.63
Garance Wattez-Richard: +22.214.171.124.46.42
Guillaume Borie: +126.96.36.199.49.98
Hélène Caillet: +188.8.131.52.55.51
IMPORTANT LEGAL INFORMATION AND CAUTIONARY STATEMENTS CONCERNING
Certain statements contained herein are forward-looking statements including,
but not limited to, statements that are predictions of or indicate future
events, trends, plans or objectives. Undue reliance should not be placed on
such statements because, by their nature, they are subject to known and unknown
risks and uncertainties. Please refer to the section "Cautionary statements" in
page 2 of AXA's Document de Référence for the year ended December 31, 2012, for
a description of certain important factors, risks and uncertainties that may
affect AXA's business. AXA undertakes no obligation to publicly update or
revise any of these forward-looking statements, whether to reflect new
information, future events or circumstances or otherwise.
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-0- Dec/02/2013 07:16 GMT
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