SNS to Double Market Share with Purchase of AXA
Dutch financial services company SNS Reaal Groep NV has agreed to buy AXA SA’s insurance businesses for $2.35 billion ($1.7 billion euros. The AXA deal will make SNS the fifth-largest carrier in the Netherlands in terms of market share. AXA is Europe’s second largest insurer.
Published on June 4, 2007
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