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AXA has completed the acquisition of Liberty Ubezpieczenia in Poland

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September 30, 2016

published at 5:45 PM CEST

AXA announced today that it had completed the acquisition of Liberty Ubezpieczenia, the Polish Property & Casualty operations of Liberty Mutual Insurance Group for a total consideration of PLN 101.3 million* (or Euro 23.5 million**).

This transaction allows AXA to further strengthen its presence in Poland, which is one of the most attractive insurance markets in Central and Eastern Europe.

* Subject to purchase price adjustment
** 1 EUR = 4.3056 PLN as of September 29, 2016 (Source: Bloomberg)

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