Big Business

AXA raises funds to acquire XL Group
Big Business Global

AXA raises funds to acquire XL Group

French insurance giant said it has raised about $14.9 billion for the acquisition of XL Group. AXA said the acquisition not dependent on the issuance of any additional debt following the flotation of part of its U.S. unit, AXA Equitable. The French insurer said overall proceeds from the initial public […]

Fujifilm merges with Toyama Chemicals
Big Business Global

Fujifilm merges with Toyama Chemicals

Just as Xerox quits merger acquisition with Fujifilm, the latter has just announced a merger with Toyama Chemicals to form Fujifilm Toyama. Toyama Chemical is a company that conducts the research, development, manufacture, and sales of small molecule pharmaceutical products, and FUJIFILM RI Pharma Co., Ltd. Fujifilm said in a […]