AXA Completes the Acquisition of Mexican Insurer ING Seguros
July 22 2008 - 12:28PM
PR Newswire (US)
PARIS, July 22 /PRNewswire-FirstCall/ -- AXA announced today it has
completed the acquisition of ING Seguros, the 3rd largest Mexican
insurer. The transaction, which was announced on February 12, 2008,
closed on July 22, 2008. About AXA AXA Group is a worldwide leader
in Financial Protection. AXA's operations are diverse
geographically, with major operations in Europe, North America and
the Asia/Pacific area. AXA had Euro 1,281 billion in assets under
management as of December 31, 2007. For full year 2007, IFRS
revenues amounted to Euro 93.6 billion and IFRS adjusted earnings
to Euro 6.1 billion. The AXA ordinary share is listed on
compartment A of Euronext Paris under the ticker symbol CS (ISIN
FR0000120628 - Bloomberg: CS FP - Reuters: AXAF.PA). The American
Depository Share is also listed on the NYSE under the ticker symbol
AXA. This press release is available on the AXA Group website:
http://www.axa.com/ IMPORTANT LEGAL INFORMATION AND CAUTIONARY
STATEMENTS CONCERNING FORWARD-LOOKING STATEMENTS Certain statements
contained herein are forward-looking statements including, but not
limited to, statements that are predications of or indicate future
events, trends, plans or objectives. Undue reliance should not be
placed on such statements because, by their nature, they are
subject to known and unknown risks and uncertainties. Please refer
to AXA's Annual Report on Form 20-F and AXA's Document de Reference
for the year ended December 31, 2007, for a description of certain
important factors, risks and uncertainties that may affect AXA's
business. In particular, please refer to the section "Special Note
Regarding Forward-Looking Statements" in AXA's Annual Report on
Form 20-F. AXA undertakes no obligation to publicly update or
revise any of these forward-looking statements, whether to reflect
new information, future events or circumstances or otherwise.
DATASOURCE: AXA CONTACT: AXA Investor Relations: Etienne
Bouas-Laurent, +33-1-40-75-46-85, Paul-Antoine Cristofari,
+33-1-40-75-73-60, Emmanuel Touzeau, +33-1-40-75-49-05, or George
Guerrero, +1-212-314-2868, or AXA Media Relations: Christophe
Dufraux, +33-1-40-75-46-74, Clara Rodrigo, +33-1-40-75-47-22,
Laurent Secheret, +33-1-40-75-48-17, Armelle Vercken,
+33-1-40-75-46-42, or Mary Taylor, +1-212-314-5845, or AXA
Individual Shareholder Relations, +33-1-40-75-48-43 Web site:
http://www.axa.com/
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