05/14/2018

AXA US IPO secures funds for XL acquisition

A full sale of the US business, in combination with the XL acquisition, will accelerate AXA's ambition of becoming more reliant on non-life underwriting profit and less on financial market-related earnings, Moody’s said.

05/10/2018

Richemont’s takeover of Yoox Net-a-Porter completed

The total value of the shares Richemont has acquired that they did not own equates around €2.8 billion (£2.36 billion), and the takeover valued the entire group at €5.3 billion (£4.64 billion).