Axa UK wants to acquire the British broker SBJ Group
PARIS (Reuters) - Axa UK, which brings together the group's activities Axa in the UK, announced that it had made an offer on the entire share capital of SBJ Group Limited, which specializes in brokering and consulting insurance products.
"This acquisition will significantly strengthen the distribution capabilities of Axa UK," says the company in a statement.
The offer of Axa UK was approved unanimously by the council SBJ Group, the company controlled by private equity American Capital Z Financial Services.
The company expects to realize in 2008, a number of (cases of more than 85 million pounds.
The financial terms of the transaction were not disclosed.
(C) 2008 Reuters. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are regist
PARIS (Reuters) - Axa UK, which brings together the group's activities Axa in the UK, announced that it had made an offer on the entire share capital of SBJ Group Limited, which specializes in brokering and consulting insurance products.
"This acquisition will significantly strengthen the distribution capabilities of Axa UK," says the company in a statement.
The offer of Axa UK was approved unanimously by the council SBJ Group, the company controlled by private equity American Capital Z Financial Services.
The company expects to realize in 2008, a number of (cases of more than 85 million pounds.
The financial terms of the transaction were not disclosed.
(C) 2008 Reuters. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are regist
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