Axa offer for SBJ accepted
Axa has had its offer to purchase SBJ Group accepted by over 90% of the shareholders of SBJ.
The offer is now unconditional in all respects but will remain open for additional acceptances until further notice.
Approval from the Financial Services Authority has also been received, meaning that Axa has taken formal control of the group.
Nicolas Moreau, chief executive of Axa UK said: “I am delighted that our acquisition of SBJ Group has been successful. This marks a significant step in our strategy to build a leading advisory services and broking business in the UK. The addition of SBJ
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