AXA SA and Intact Financial Corporation complete the purchase and sale of AXA Canada Inc.  

 

September 23, 2011

On September 23, 2011, following receipt of approval under the Competition Act (Canada), the Insurance Companies Act (Canada) and an Act Respecting Insurance (Québec), AXA SA and Intact Financial Corporation completed the purchase and sale of AXA Canada Inc. and its subsidiaries to Intact for approximately C$2.6 billion.

AXA SA was represented internally by George Stansfield, Group General Counsel, Helen Browne, Senior Vice President, Law and Bruno Brochet and in Canada by McMillan LLP with a team in Toronto and Montréal that primarily included Bob Cranston. Frank Palmay, James Stranges, Shannon Seitz, Hartley Lefton, Bruce McWilliam, Craig Manuel, Assunta Di Lorenzo, Charles Chevrette, Yoni Petel, Enda Wong and Maya Damoun (Corporate and Insurance), Michael Templeton (Tax), James Musgrove and Dan Edmondstone (Competition), Mark Rowbotham and Karen Shaver (Pension and Employee Benefits), Michael Burns and John Conway (Public Markets), David Young and Eloise Gratton (Privacy) and Phil Duffy and Matt German (Real Estate).