SYDNEY, Jan 17 (Reuters) - An independent expert has concluded the $13 billion takeover of AXA Asia Pacific by its parent AXA SA and local rival AMP was fair and reasonable to shareholders, AXA Asia said, as the long-drawn deal draws to a close.
The deal will be put to shareholder vote on March 2, with a court hearing on March 7 and the effective date for completion of the deal set for March 8, AXA said in a statement.
(Reporting by Narayanan Somasundaram) Keywords: AXA AMP (narayanan.somasundaram@thomsonreuters.com)(+61 2 9373 1815)(Reuters Messaging: narayanan.somasundaram.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The deal will be put to shareholder vote on March 2, with a court hearing on March 7 and the effective date for completion of the deal set for March 8, AXA said in a statement.
(Reporting by Narayanan Somasundaram) Keywords: AXA AMP (narayanan.somasundaram@thomsonreuters.com)(+61 2 9373 1815)(Reuters Messaging: narayanan.somasundaram.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.