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AXA Group plans new acquisitions in Brazil

AXA Group pretende realizar aquisições no Brasil

Intel ID : 230863
Synopsis

French insurance company AXA Group (Euronext Paris:CS) plans new acquisitions in the Brazilian market, as published by newspaper Isto é Dinheiro on 25 October 2015, citing its president for Brazil, Philippe Jouvelot.

According to Philippe Jouvelot, at the moment it is easier to start a business in Brazil because the exchange rate is favorable, and the return on investment, benefits from high interest rates. He added, "with this favorable exchange rate, everything we buy is cheaper. Money invested brings more profit. We invest BRL 500m and the return is 14.25% instead of previous 8%. For an insurance company that appreciates long-term, there is no better moment".

According to the news, the local health system is a future business opportunity.
(content in portuguese)

A empresa de seguros francesa AXA Group (Euronext Paris:CS) pretende realizar aquisições no Brasil, segundo publicou a Isto é Dinheiro em 25 de outubro de 2015, citando ao Presidente da empresa no Brasil, Philippe Jouvelot.

Segundo Philippe Jouvelot, o momento é mais fácil para começar uma operação no Brasil diante do câmbio, que é favorável, e o retorno, beneficiado pelos juros altos, e ele ainda acrescenta, "com o câmbio favorável, tudo que você compra sai mais barato. O dinheiro investido dá mais lucro. Colocamos BRL 500m e o retorno é de 14,25% no lugar de 8% antigamente. Para uma seguradora que gosta de entrar no longo prazo, não tem melhor momento".

De acordo com a notícia, o sistema de saúde local é uma oportunidade futura de negócio.

Bidder


Intel ID 230863
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - AXA Group
(31 Dec 2013)
Revenue: EUR 91,25m
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Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.02.06 Property & Casualty Insurance
25 Financial Services / 25.02 Insurance

Secondary Sectors (TTRSC)
25.02.04 Life & Health Insurance
25 Financial Services / 25.02 Insurance

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