Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

AXA M&A Activity 2015

Dec 2, 2015

1135_iss_2015-12-02_695bf804-771d-41c9-92bc-1785b55233ad.pdf

M&A Activity

Open in viewer

Opens in your device viewer

{# SEO P0-1: filing HTML is rendered server-side so Googlebot sees the full text without executing JS or following an iframe to a Disallow'd CDN path. The content has already been sanitized through filings.seo.sanitize_filing_html. #}

AXA PRESS RELEASE

PARIS, DECEMBER 2, 2015

AXA has completed the acquisition of Genworth Lifestyle Protection Insurance

AXA announced today that it had completed the acquisition of 100% of Genworth Lifestyle Protection Insurance ("Genworth LPI"), for a total consideration of Euro 465 million. This transaction is a key milestone for AXA to become a European leader in credit and lifestyle protection, a business operated today by AXA Creditor.

AXA Creditor and Genworth LPI operations will represent a key pillar of AXA Partners, which has been launched earlier this year to develop and accelerate global partnership businesses.

ABOUT THE AXA GROUP

The AXA Group is a worldwide leader in insurance and asset management, with 157,000 employees serving 103 million clients in 59 countries. In 2014, IFRS revenues amounted to Euro 92.0 billion and IFRS underlying earnings to Euro 5.1 billion. AXA had Euro 1,277 billion in assets under management as of December 31, 2014.

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 www.axa.com

Investor Relations: +33.1.40.75.46.85 Andrew Wallace-Barnett:+33.1.40.75.46.85 Florian Bezault: +33.1.40.75.59.17 François Boissin: +33.1.40.75.39.82 Aurore Chaussec: +33.1.40.75.96.20 Sulabh Kakkar: +33.1.40.75.48.91 Individual Shareholder Relations: +33.1.40.75.48.43

Media Relations: +33.1.40.75.46.74 Garance Wattez-Richard: +33.1.40.75.46.42 Sixtine Richer +33.1.40.75.55.51 Jean-Baptiste Mounier: +33.1.40.75.49.68

IMPORTANT LEGAL INFORMATION AND CAUTIONARY STATEMENTS CONCERNING FORWARD-LOOKING STATEMENTS

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, 2014, 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.