News

AMP proposal for AXA “fair and reasonable”

Tuesday 18th of January 2011

Grant Samuel says "the value to be delivered to AXA Minority shareholders under the Proposal is compelling.

"Simply put, AXA is worth more on a break-up basis than as a standalone single entity."

AXA APH independent directors unanimously recommend that minority shareholders support the proposal in the absence of a superior proposal.

The Grant Samuel report says a public auc...

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