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AXA SA Asia Pacific CEO on Takeover Bid

Monday, 9 Nov 2009 | 12:31 AM ET

The $10.3 billion bid made by AXA SA and AMP for AXA Asia Pacific is a "compelling offer", says AXA SA's Asia Pacific CEO John Dacey. He tells CNBC's Amanda Drury how this differs from the insurer's failed attempt to snare AXA Asia Pacific in 2004.