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AXA to acquire Alpha Insurance - Long term bancassurance agreement with Alpha Bank


Press Release

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October 16, 2006

published at 2:00 AM CEST

AXA announced today it has entered into an agreement with Alpha Bank to acquire its insurance subsidiary Alpha Insurance for Euro 255 million. AXA and Alpha Bank, Greece's second largest bank, have signed a long-term exclusive agreement to pursue and strengthen the existing bancassurance partnership.


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