AXA, National Australia Agree To Delay $11.5B Deal
NAB will now have until Aug. 31 to satisfy concerns raised by the Australian Competition and Consumer Commission, AXA said Monday.
The ACCC said in April it would oppose the proposed deal, in which NAB would get AXA's businesses in Australia and New Zealand, and AXA would keep its Asian businesses.
AXA and NAB...
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