Report
Benoit Valleaux

AXA : More AEH shares sold

>8% of AEH's capital sold at $ 20.85 per share - AXA, which said on Tuesday evening that it had sold 40 million AXA Equitable Holdings (AEH) shares, has this morning given details of the price set for the disposal of these shares, which is $ 20.85 per share. AXA has thus received net disposal income of $ 834m. The group has also granted the banks underwriting this secondary offering an option to acquire 6 million additional shares. AXA's stake in AEH has thus gone fro...
Underlying
AXA
AXA

AXA is a holding company. Through its subsidiaries, Co. is engaged in insurance and assets management. Co. operates primarily in Europe, North America, the Asia-Pacific Region and, to a lesser extent, in other regions including the Middle East, Africa, and Latin America. Co. has five operating business segments: Life & Savings, Property & Casualty, International Insurance, Asset Management, and Banking. In addition, various holding companies within the AXA Group conduct certain non-operating activities. As of Dec 31 2013, Co. had total assets of Euro757,143,000,000.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Benoit Valleaux

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