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Article: Axa likely suitor for Aviva unit.
- Article from:
- Australasian Business Intelligence
- Article date:
- April 23, 2009
CopyrightCOPYRIGHT 2009 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Matthew Drummond
Apr 23, 2009 (The Australian Financial Review - ABIX via COMTEX) -- Aviva and Axa Asia Pacific have both declined to comment on speculation regarding the potential sale of the former's Australian arm. Axa has been touted as a likely bidder should Aviva opt to divest its Australian business, which formerly traded as Norwich Union Australia. Aviva boasts over 500,000 customers in Australia and $A19.2bn worth of assets under management.
Publication Date: 24 April 2009
AXA ASIA PACIFIC ...