AXA enters into exclusivity for the potential sale of its Portuguese operations

Today, AXA announced it has received an irrevocable offer from Ageas for potential sale of its Portuguese operations, including its entire stake in AXA Portugal Companhia de Seguros SA ("P&C Business"), AXA Portugal Companhia de Seguros de Vida SA ("Life & Savings Business") as well as AXA Global Direct Seguros y Reaseguros, the Portuguese branch of its direct operations ("Direct Business").