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Sweeter offer for Axa APH likely

China Daily | Updated: 2009-11-11 08:44

Sweeter offer for Axa APH likely

Axa SA plans to sell its 54 percent stake in Axa Asia Pacific to AMP. Bloomberg News

SYDNEY: Axa SA, France's biggest insurer, and Australian wealth manager AMP Ltd may sweeten their bid for Axa Asia Pacific Holdings Ltd to about A$12.4 billion ($11.6 billion) after a first offer was rejected, Citigroup Inc said.

Sweeter offer for Axa APH likely

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