AXA directors give green light to AMP

axa-asia-pacific/australian-securities-exchange/

16 November 2010
| By Mike Taylor |
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AMP’s merger bid for AXA Asia Pacific has been approved by the independent directors of AXA Asia Pacific.

AXA has announced to the Australian Securities Exchange that the independent directors have decided to recommend the proposal in the absence of a superior proposal being received.

According to the announcement, the AMP proposal was supported by a majority of the independent directors, while one was seeking further information.

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