France’s AXA Group announced that it has successfully completed the sale of its principal Dutch insurance operations, comprising 100 percent of AXA Netherlands, Winterthur Netherlands and DBV Netherlands, for a total cash consideration of €1.797 billion ($2.458 billion).
AXA announced the sale to SNS Reaal, a Dutch financial-services company, earlier this year (See IJ web site June 4).
The sale was completed on September 5, 2007.
Source: AXA: www.axa.com
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