AXA ASIA-PACIFIC AIMS TO BOLSTER NZ OPS VIA ACQUISITION.
Publication: AsiaPulse News
Publication Date: 30-NOV-05
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MELBOURNE, Nov 30 Asia Pulse - AXA Asia-Pacific Holdings Ltd (ASX:AXA) will beef up its underperforming New Zealand business by acquiring National Australia Bank Ltd's (ASX:NAB) New Zealand funds management business.
AXA subsidiary Assure New Zealand is expected to assume management of BNZ Investment Management Ltd's $NZ2.5 billion ($A2.38...
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