AXA : Successful placement of AEH shares
>AXA’s stake in AEH reduced to 48.3% - Yesterday evening, AXA announced the success of its placement of AXA Equitable Holdings (AEH) shares and the related share buyback. The underwriters exercised in full the over-allotment option to purchase an additional 6 million AEH shares. Overall via its secondary offering AXA has placed 46 million AEH shares and 30 million shares were sold as part of the AEH share buyback operation.The full sale of 76 million AEH shares b...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.
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