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AXA: completes purchase of 50% of AXA Tianping

(CercleFinance.com) - AXA announces that it has completed the purchase of the 50% stake of AXA Tianping Property & Casualty Insurance Company Ltd.


This 50% stake is worth 4.6 billion RMB3 (or 590 million euros).

On the date the transaction is completed, AXA Tianping will be fully consolidated in AXA Group's accounts.


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