AXA UK successfully acquires control of SBJ Group

20 March 2008

AXA Advisory Holdings today announces that its offer to purchase SBJ Group has been successful following acceptance by over 90% of the shareholders of SBJ. The offer is now unconditional in all respects but will remain open for additional acceptances until further notice.

Furthermore, the required FSA approvals have also been received, meaning that AXA has taken formal control of the group.

Nicolas Moreau, Chief Executive of AXA UK said:

‘I am delighted that our acquisition of SBJ Group has been successful. This marks a significant step in our strategy to build a leading advisory services and broking business in the UK. The addition of SBJ strengthens our position in the market and represents an exciting opportunity for SBJ and AXA.’
 
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Stephen Hoffman Womersley AXA UK press office 020 7920 5014

About AXA

AXA UK is a part of the AXA Group. AXA Group is a worldwide leader in Financial Protection. AXA’s operations are diverse geographically, with major operations in Europe, North America and the Asia/Pacific area. IFRS revenues amounted to €94 billion for the full year 2007. 

The AXA ordinary share is listed on Compartment A of Euronext Paris under the ticker symbol CS (ISIN FR0000120628 - Bloomberg: CS FP - Reuters: AXAF.PA). The American Depository Share is also listed on the NYSE under the ticker symbol AXA.

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