ASF: AXA’s Takeover By Astra Conditioned By Astra’s Capital Hike And Financial Recovery

08.06.2014 By Ecaterina Craciun

The transaction through which insurer Astra Asigurari will take over the Romanian division of French group AXA will be approved provided Astra increases its share capital and recovers financially, Romania’s Insurance Supervisory Authority (ASF) said Wednesday.

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