French insurer Axa and Australia's AMP have launched one of Asia's biggest unsolicited takeover bids of the year, tabling a joint A$11bn (US$10.2bn) offer for Axa's majority-owned Asian business.
The bid, which was rejected by Axa Asia Pacific as inadequate, signalled the French company's intent to expand its presence in some of the world's fastest-growing emerging markets. It marked the second time in five years that it has tried to buy the Asian business outright.
该竞购表明，安盛试图在全球一些增长最快的新兴市场拓展业务。这已经是它在5年内第二次尝试全盘收购安盛亚太。安盛亚太(Axa Asia Pacific)已经以报价不够高为由，拒绝了该收购要约。
Rick Allert, chairman of Axa Asia Pacific, in which the French insurer holds a 53.9 per cent stake, said that the offer was too low and failed to reflect fully the prospects for its high-growth operations.
“If they come back, then we'll look at whatever they come back with,” Mr Allert said on a conference call.
Axa, which is Europe's second largest insurer, yesterday launched a
Pfizer, the world's biggest pharmaceutical group, is willing to acquire a large rival drugs company to improve its financial health, in a move that could trigger a fresh round of m