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XL Group Ltd (XL.N)

XL.N on New York Stock Exchange

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Mon, May 14 2018

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AXA secures financing for acquisition of XL Group

PARIS AXA said on Monday it had secured financing for the 12.4 billion euros ($14.9 billion) acquisition of XL Group and was not dependent on the issuance of any additional debt following the flotation of part of its U.S. unit, AXA Equitable.

AXA secures financing for acquisition of XL Group

PARIS, May 14 AXA said on Monday it had secured financing for the 12.4 billion euros ($14.9 billion) acquisition of XL Group and was not dependent on the issuance of any additional debt following the flotation of part of its U.S. unit, AXA Equitable.

AXA's U.S. float falls short but says XL financing on track

NEW YORK/PARIS AXA's listing of its U.S. division raised less than targeted, but the French group said the proceeds were enough to ensure it can pursue a $15.3 billion acquisition of XL Group.

AXA's U.S. float falls short but says XL financing on track

NEW YORK/PARIS AXA's listing of its U.S. division raised less than targeted, but the French group said the proceeds were enough to ensure it can pursue a $15.3 billion acquisition of XL Group.

UPDATE 4-AXA's U.S. float falls short but says XL financing on track

* AXA Equitable stock below IPO price, AXA flat (Adds Jefferies note, link to Breakingviews column)

BRIEF-Xl Group Q1 Earnings Per Share $0.58

* Q1 EARNINGS PER SHARE VIEW $0.97 -- THOMSON REUTERS I/B/E/S

UPDATE 1-AXA prices U.S. arm's IPO at $24-27/per share, launches bonds

* Proceeds to help finance AXA's takeover of XL (Adds comments from analyst, further detail)

AXA gets $3.2 billion after restructuring deals ahead of U.S. arm IPO

PARIS French insurer AXA said it had received $3.2 billion following the completion of internal, restructuring deals - such as the repayment of loans - ahead of the planned initial public offering (IPO) of its U.S. unit.

AXA gets $3.2 billion after restructuring deals ahead of U.S. arm IPO

PARIS French insurer AXA said it had received $3.2 billion following the completion of internal, restructuring deals - such as the repayment of loans - ahead of the planned initial public offering (IPO) of its U.S. unit.

Insurer AXA to restructure Swiss unit ahead of landmark deals

PARIS French insurer AXA is restructuring its Swiss business in a move that would hit its results in the short term, but is expected to give it more financial flexibility ahead of the $15 billion acquisition of XL Group .

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