AXA takeover on cards.
Guardian Royal Exchange has confirmed it is in talks with other companies regarding a possible sale ...
Guardian Royal Exchange has confirmed it is in talks with othercompanies regarding a possible sale of all or parts of the company. The
announcement follows speculation that AXA is gearing up for a £2.5bn bid
for GRE, made though Sun Life and Provincial Holdings. However, at the
time of going to press, rumours were also circulating that AXA was looking
to buy NIG Skandia. Axa had previously made it known it was looking to
grow via acquisition.
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