XL deal spooks AXA investors but it should prove “earnings accretive”


Investors were potentially spooked by AXA’s announcement yesterday (March 5) that it will acquire XL Group for $15.3 billion. Its share price fell sharply by around 10 percent as investors worried on a fundamental shift in strategy, according to analysts.

Jefferies, Analyst report, XL Group, AXA, M&A, P&C, Insurance, Reinsurance, Thomas Buberl, Gregory Hendrick, Mike McGavick, Europe, Bermuda, North America

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