Axa UK&I to acquire rights to Ageas UK’s commercial business for £47.5mn
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Axa UK&I to acquire rights to Ageas UK’s commercial business for £47.5mn

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Axa UK and Ireland (UK&I) is to acquire the renewal rights to Ageas UK’s commercial business for an initial consideration of £47.5mn ($64.1mn).

Axa said the deal will strengthen its growth strategy and commitment to commercial business customers and broker partnerships, particularly in the SME and schemes markets.

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