The European Commission approves a concentration in the insurance sector creating a leading European insurer in terms of premium income (Axa/UAP)

"Mergers - Summary of the most important recent developments"* On 20th December 1996, the Commission approved an operation whereby AXA will acquire sole control of UAP via an offer for exchange of shares, covering the whole of UAP‘s shares. The new French group will become a leading European insurer in terms of premium income, alongside other major players, such as Allianz (Germany), and

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Kristin Schreiber, Heiner Bruhn, The European Commission approves a concentration in the insurance sector creating a leading European insurer in terms of premium income (Axa/UAP), 20 December 1996, e-Competitions December 1996, Art. N° 39529

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