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Axa enters into exclusivity for buying Genworth Lifestyle Protection Insurance

( July 22, 2015, 13:55 GMT | Official Statement) -- MLex Summary: French insurer Axa Group announced that it has entered into exclusive discussions to acquire Genworth Lifestyle Protection Insurance for 475 million euros. Axa says the combined company would rank as No. 3 within the creditor insurance market in Europe. The deal is subject to regulatory approvals and Axa expects to close it before the end of the year.Extract of the statement follows:...

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