Axa Explores Sale Of Private Equity Unit

Law360, New York (September 23, 2011, 6:32 PM EDT) -- Axa Private Equity, the private investment arm of French insurance and financial services giant Axa SA, reportedly has been put up for sale in a deal that could be worth as much as $675 million.

The Financial Times, citing people familiar with the situation, said Friday the sale could fetch up to roughly $600 million, while other news reports suggested that figure could go higher. The development was first reported by Sky News.

Paris-based Axa hired Credit Suisse to explore the possibility of a sale, reports said....
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