S&P places Axa on watch over XL bid
Ratings agency S&P has put Axa’s long-term ratings on negative watch citing concerns about the French carrier’s capital adequacy if its proposed $15.3bn acquisition of XL succeeds.
Ratings agency S&P has put Axa’s long-term ratings on negative watch citing concerns about the French carrier’s capital adequacy if its proposed $15.3bn acquisition of XL succeeds.