By Campbell McIlroy
Friday 29th September 2000 |
Text too small? |
Axa is understood to have negotiated the sale of HLNZ residential mortgage lending, Freedom Financial Services and the National Mutual fund management lending division. The deal was negotiated by MacQuarrie Bank in Wellington.
No details have been made available on whom the businesses were sold to or what the sale price was.
The move was not unexpected as Axa had signalled its intention to get out of some of its non-core businesses at its last results announcement. Analysts suggested the move was consistent with Axa's strategy at that time.
No comments yet
July 18th Morning Report
July 17th Morning Report
Meridian Energy monthly operating report for June 2025
July 16th Morning Report
AIA - June 2025 Monthly traffic update
CHI - Q2 2025 Operational Update
July 15th Morning Report
BPG - Blackpearl Acquires US AI Platform to Accelerate Growth
TGG - Response to media speculation
ARB - Annual Meeting Date and Director Nominations