Winterthur Group

[1] Paris-based Axa Insurance entered into a definitive agreement to purchase Winterthur group from CS for approximately CHF 12 billion.

Due to the takeover, Axa Insurance took over the brand name and general supervision of the company.

Winterthur has subsidiaries in Germany, the United Kingdom, Belgium, the Netherlands, Hungary, Poland, the Czech Republic, the United States, Slovakia, Japan, Taiwan, Hong Kong, and Luxembourg.

On June 14, 2006, Crédit Suisse sold the remaining activities of Winterthur assurances (Winterthur Europe Assurances) to the French group Axa for 12.3 billion Swiss francs (7.9 billion euros).

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