AXA to Delist from NYSE

The French insurance company, AXA (AXA) has announced that it will delist from the NYSE due to lacking of trading volume. This strikes me as very bad news for New York and the American market. I would think that at least some American investors would be interested in trading a $45 billion insurance company. Based on revenue, this is one of the largest companies in the world.
Is this solely about trading volume, or are the French concerned about our regulatory climate?

Posted by on January 25th, 2010 at 10:55 am


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