By Inti Landauro
PARIS--French insurance company AXA (CS.FR) will exit Romania after selling its life and savings unit in the country to local rival Astra Asigurari for an undisclosed amount, the French company said Friday.
The transaction is still subject to regulatory approval, AXA said. It didn't elaborate on the financial aspects or the reason for the sale.
-Write to Inti Landauro at firstname.lastname@example.org
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(END) Dow Jones Newswires
November 29, 2013 13:08 ET (18:08 GMT)Copyright (c) 2013 Dow Jones & Company, Inc.
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