Axa, the disagreement with the Australian authorities is over

The AXA Group confirms it has reached a settlement with the Australian Manager of Portfolio AMP enabling it to acquire a 100% in AXA APH for the amount of 1.8 billion EUR (2.3 billion USD). This offer is higher than the previous one which amounted to  1.4 billion USD (1.8 billion USD). The Australian authorities would have vetoed any expansion of the company in Asia if the takeover had not materialized. Axa is now free to extend its activities on this continent.