How AXA Wooed and Won XL Group in $15.3B Takeover Deal

Article 1 Comments AXA SA’s pursuit of its biggest ever takeover really got serious at a romantic hotel on the shores of Lake Zurich. That’s where top executives of the French behemoth and XL Group Ltd., fresh from the annual gathering of the world’s elite at the ski resort of […]

XL Group CEO McGavick Comments on Firm’s Agreed Purchase by France’s AXA

Article 0 Comments XL Group’s CEO Mike McGavick has issued the following statement to clients and brokers in response to today’s announcement that XL has entered into an agreement to be acquired by French insurer AXA. Dear Valued Partners, We wanted to let you know about some important news: XL […]

France’s Axa Weighs Buying P/C Insurer XL Group: Bloomberg

Article 0 Comments Axa SA is in advanced talks to buy XL Group Ltd., a property and casualty insurer with a market value of $11 billion, people familiar with the matter said. A deal could be announced in coming days, said the people, who asked not to be identified because […]