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AXA — M&A Activity 2019
Feb 14, 2019
1135_iss_2019-02-14_bffeb6f0-a3a7-45fa-a931-e0e72112fe0c.pdf
M&A Activity
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Paris, February 14, 2019
AXA has completed the sale of its Ukrainian operations
AXA announced today that it had completed the sale of both its non-life entity (AXA Insurance1 ) and l ife entity (AXA Insurance Life) in Ukraine to Fairfax Financial Holdings Limited2 .
ABOUT THE AXA GROUP
The AXA Group is a worldwide leader in insurance and asset management, with 160,000 employees serving 105 million clients in 62 countries. In 2017, IFRS revenues amounted to Euro 98.5 billion and IFRS underlying earnings to Euro 6.0 billion. AXA had Euro 1,439 billion in assets under management as of December 31, 2017.
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 and the regulated information made public by AXA pursuant to article L. 451-1-2 of the French Monetary and Financial Code and articles 222-1 et seq. of the Autorité des marchés financiers' General Regulation are available on the AXA Group website (axa.com).
THIS PRESS RELEASE IS AVAILABLE ON THE AXA GROUP WEBSITE axa.com
FOR MORE INFORMATION:
| Investor Relations: | +33.1.40.75.48.42 |
|---|---|
| Andrew Wallace-Barnett: | +33.1.40.75.46.85 |
| François Boissin: | +33.1.40.75.39.82 |
| Aayush Poddar: | +33.1.40.75.59.17 |
| Shantanu Priya: | +33.1.40.75.58.44 |
| Mathias Schvallinge r: | +33.1.40.75.39.20 |
| Alix Sicaud: | +33.1.40.75.56.66 |
Individual Shareholder Relations: +33.1.40.75.48.43
| +33.1.40.75.46.74 |
|---|
| +33.1.40.75.59.80 |
| +33.1.40.75.56.48 |
| +33.1.40.75.72.58 |
| +33.1.40.75.46.68 |
Corporate Responsibility strategy:
axa.com/en/about-us/strategy-commitments
SRI ratings:
axa.com/en/investor/sri-ratings-ethical-indexe s
IMPORTANT LEGAL INFORMATION AND CAUTIONARY STATEMENTS CONCERNING FORWARD-LOOKING STATEMENTS
Certain statements contained herein may be forward-looking statements including, but not limited to, statements that are predictions of or indicate future events, trends, plans, expectations 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 and can be affected by other factors that could cause AXA's actual results to differ materially from those expressed or implied in the forward-looking statements. Please refer to Part 4 - "Risk factors and risk management" of AXA's Registration Document for the year ended December 31, 2017, for a description of certain important factors, risks and uncertainties that may affect AXA's business and/or results of operations. 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, except as required by applicable laws and regulations.
1 AXA Insurance in Ukraine is a joint venture between AXA (50% shareholding) and Ukrsibbank.
2 through its subsidiary FFHL Group Ltd.