AXA Asia Pacific Holdings Ltd. (AXA.AU) said Monday it has extended until March 29 the deadline for finalising transaction documents with National Australia Bank Ltd. (NAB.AU) over the bank's A$13.2 billion takeover bid for the wealth management and protection firm.

AXA APH said the discussions are at an advanced stage and its directors continue to recommend the NAB takeover proposal.

The deadline previously expired March 20.

-By Bill Lindsay, Dow Jones Newswires; 61-2-8272-4694; bill.lindsay@dowjones.com
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