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AXA SA (AXAF.PA)

AXAF.PA on Paris Stock Exchange

25.42EUR
11 Dec 2017
Change (% chg)

€0.16 (+0.61%)
Prev Close
€25.27
Open
€25.33
Day's High
€25.56
Day's Low
€25.25
Volume
5,467,999
Avg. Vol
5,386,461
52-wk High
€26.34
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€21.81

Latest Key Developments (Source: Significant Developments)

AXA CEO has decided to keep AXA Investment Managers -Le Monde
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Axa ::* CEO tells Le Monde newspaper in interview that he has decided to keep AXA Investment Managers.* CEO Thomas Buberl had sent staff an Email last month, in which he said that AXA had been approached by a number of players interested in doing a deal with its asset management arm, but the company continued to regard the business as a strategic asset nL8N1MN5BM.* AXA had been in talks with French banks, such as BNP Paribas and Natixis , over a possible tie-up in asset management, aiming to build a business with at least 1 trillion euros ($1.2 trillion) of assets under management, sources familiar with the matter had told Reuters..  Full Article

AXA says ready to do share buybacks if doesn't find M&A targets
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Axa Sa :Axa ceo says if it doesn't find right m&a targets, it's ready to do share buybacks.  Full Article

AXA's US subsidiary AEH files the registration statement for an IPO
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - AXA SA ::ANNOUNCED ON MONDAY THAT ITS US SUBSIDIARY AXA Equitable Holdings, Inc. (AEH) FILED THE REGISTRATION STATEMENT FOR AN IPO.OFFERING EXPECTED TO CONSIST OF MINORITY STAKE IN AEH'S COMMON STOCK, TO BE SOLD BY AXA AS SELLNG STOCKHOLDER.EXPECTS IPO TO OCCUR IN Q2 OF 2018.  Full Article

Axa simplifies operating model to accelerate transformation
Monday, 13 Nov 2017 

Nov 13 (Reuters) - ‍Axa Group says in a statement::Axa group to operate closer to its clients, with 5 key geographies ( France, Europe, the US, Asia, and International) and a refocused corporate center..Key transversal entities will be managed alongside these 5 geographies, including AXA Investment Managers, AXA’s core, fully-owned asset management unit, and AXA Corporate Solutions, AXA’s large insurance risks business. . The CEOs of AXA Investment Managers and AXA Corporate Solutions will report to AXA’s Group CEO..As part of this simplification effort, in Europe, direct and traditional entities will report to the country CEO to accelerate the synergies between direct and traditional business..AXA expects the new operating model to be effective in the first quarter of 2018..Source text for Eikon: [ID:].  Full Article

Amundi reports 31 bln eur in Q3 net inflows after Pioneer acquisition
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Amundi Sa :Amundi reports net inflows of 58 billion eur over the first nine months, out of which 31 billion eur in q3 2017.Amundi says "results up sharply thanks to integration of pioneer and business momentum".Amundi says had 1.4 trln eur in assets under management at end-sept, including pioneer's aum.Amundi CEO says integration of pioneer is well under way, confirms previously announced synergies and potential value creation.Amundi says q3 net income down 4.6 percent to 184 million eur, according to combined income statement.Amundi CEO says we have already played our part in asset management market consolidation.Amundi CEO says our target in the future is to successfully carry out integration of pioneer.Amundi CEO says it has not had any discussions with AXA over a tie-up recently.  Full Article

Phoenix Group completes acquisition of AXA business
Tuesday, 1 Nov 2016 

Phoenix Group Holdings : Completion of the AXA business acquisition .Announces completion of acquisition of AXA Wealth's pensions and protection businesses.  Full Article

Vienna Insurance Group acquires Axa Company in Romania
Thursday, 4 Aug 2016 

Vienna Insurance Group Acquires Axa Company In Romania :.  Full Article

France's Axa will not contribute to new Italian bank bailout fund
Wednesday, 3 Aug 2016 

French insurer Axa Chief Financial Officer Gerald Harlin says: insurer, which is also a shareholder in Italian bank Monte dei Paschi , will not contribute to new Italian bank bailout fund . "We don't intend to pay into the Atlante (II) fund, just as we did not pay into Atlante I, for the obvious reason that we are shareholders of the bank (Monte dei Paschi) and have participated very extensively in the clean up of the bank." . he does not have any details of Monte dei Paschi's planned 5 billion euro capital hike so far BMPS.MI] (Reporting by Frankfurt newsroom).  Full Article

UK's CMA not to refer AXA-Phoenix deal for further investigation
Tuesday, 2 Aug 2016 

UK's CMA (Competition and Markets Authority) :Has decided, not to refer following Phoenix Group Holding merger with AXA Sunlife and Embassy business to a Phase 2 investigation.  Full Article

Central Bank of Ireland fines AXA over consumer protection code
Thursday, 28 Jul 2016 

Axa Sa : The Central Bank of Ireland says has imposed a fine of €675,000 on AXA Insurance Limited in respect of Minimum Competency standards and Consumer Protection Code breaches . The breaches have been accepted by the Firm as part of the Settlement Agreement between the Central Bank and the Firm entered into on 26 July 2016. Further company coverage: [AXAF.PA] (Reporting By Conor Humphries) ((conor.humphries@thomsonreuters.com;)).  Full Article

EU mergers and takeovers (Dec 11)

BRUSSELS, Dec 11 The following are mergers under review by the European Commission and a brief guide to the EU merger process: