AXA Asia Pacific rejects AMP takeover bid
SYDNEY, Nov 9 (Reuters) - Insurer AXA Asia Pacific Holdings (AXA.AX: Quote, Profile, Research) said Monday it rejected an unsolicited A$5.34 per share takeover offer from Australian wealth manager AMP Ltd (AMP.AX: Quote, Profile, Research) and AXA SA AXAF.AX.
AMP shares closed at A$5.87 on Friday. (Reporting by Morag MacKinnon)
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India Investment Summit 2009
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PLAYBOY SALE
An icon bows to changing times
With his Playboy Enterprises in talks to be sold for about $300 million, the 83 year-old Hugh Hefner will be giving up control over the iconic adult entertainment empire he founded that was instrumental in shaping society's opinions on nudity, sex and free speech. Full Article
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