Insurer AXA is putting its private equity unity up for sale, Reuters reported, citing Sky News. The unit could reportedly fetch as much as 1 billion pounds ($1.5 billion).
(Reuters) – French insurer AXA is putting its private equity unit up for sale in a move that could attract interest from some of the world’s top asset managers, Sky News reported on Friday without citing sources.
The unit could be worth around 1 billion pounds ($1.5 billion), Sky reported.
AXA declined to comment. ($1 = 0.652 British Pounds) (Reporting By Christian Plumb; Editing by James Regan)
If you do not receive this within five minutes, please try and sign in again. If the problem persists, please
email: subscriptions@peimedia.com.