Back to home of AXA's website

AXA to Sell its Mandatory Pension Business in Hong Kong to The Principal Financial Group

download

Press Release

PDF 270.1 Kb

press contacts

November 7, 2014

published at 1:00 AM CET

  • Sale of AXA's mandatory Pension business in Hong Kong, in line with AXA Group's in-force management strategy
  • 15-year distribution agreement allowing The Principal to sell relevant mandatory Pension schemes through AXA proprietary networks in Hong Kong
  • Upfront consideration of Euro 270 million

Contacts

Investor Relations

Media relations