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AXA buys third largest Mexican insurer ING Seguros

Other News Materials 13 February 2008 04:30

( dpa ) - The Parisian insurance firm AXA is acquiring Mexico's third largest insurer, ING Seguros, for 1.5 billion dollars, the French firm said Tuesday evening in Paris.

"This acquisition puts us into a leading position amidst a growth market," AXA head Henri de Castries said.

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