-- French insurance company AXA SA (AXAHY) may put its business in Central Europe on the block as it carries out a restructuring plan, Reuters reports Tuesday, citing "three sources familiar with the situation."

-- AXA plans to exit markets where it lacks scale and is concentrating efforts to expand in Asia, the report said.

-- The company declined to comment, the report said.

 

www.reuters.com/article/us-axa-divestments-exclusive/exclusive-french-insurer-axa-considers-selling-up-in-central-europe-sources-idUSKBN1WU1QP

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

October 15, 2019 13:51 ET (17:51 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
Axa (EU:CS)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Axa Charts.
Axa (EU:CS)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Axa Charts.