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AXA to sell its operations in Ukraine

Staff Writer | October 23, 2018
AXA announced it had entered into an agreement with Fairfax Financial Holdings to sell all its insurance operations in Ukraine and exit the Ukrainian market.
AXA
Asia   Fairfax would acquire 100% of the non-life entity
Under the terms of the agreement, Fairfax would acquire 100% of the non-life entity (AXA Insurance) and the life entity (AXA Insurance Life) in Ukraine.

Completion of the transaction is subject to customary closing conditions, including the receipt of regulatory approvals.


 

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