Aug 31 deadline for NAB-Axa deal
FRANCE-based Axa, National Australia Bank (NAB) and Axa Asia Pacific Holdings (Axa APH) have agreed to extend until August 31 the A$11.5bn (US$10bn) acquisition by NAB of Axa APH, to give NAB time, said Axa, “to satisfy the concerns raised by the Australian Competition and Consumer Commission (ACCC).