.
MergerLinks Header Logo

New Deal


Announced

Completed

AXA completed the acquisition of Laya Healthcare from Corebridge Financial for €650m.

Financials

Edit Data
Transaction Value£560m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Acquisition

Majority

Private

Cross Border

Friendly

Ireland

health insurance

Insurance Brokers

Single Bidder

Completed

Synopsis

Edit

AXA, a financial services firm, completed the acquisition of Laya Healthcare, a healthcare insurance firm, from Corebridge Financial, a financial services company, for €650m ($713m). “This divestiture allows Corebridge to streamline its portfolio and focus on core Life & Retirement products and solutions in the United States. AXA is an excellent owner for laya healthcare, with a global platform that will enable the business to continue to build on the success of its highly regarded member-centric approach to health insurance," Peter Zaffino, Corebridge Chairman.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US