Announcement

Collapse
No announcement yet.

Leading Azeri Company Sells Control Stock To "Wrong" Company

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Leading Azeri Company Sells Control Stock To "Wrong" Company

    LEADING AZERI COMPANY SELLS CONTROL STOCK TO "WRONG" COMPANY

    news.am
    Oct 14 2010
    Armenia

    Representatives of the French insurance company AXA Group caused
    confusion among Azerbaijani journalists by publicly announcing in
    Baku that the company was paying compensations to the descendants of
    Armenian Genocide victims.

    The APA News Agency reports that Frederick Flegeur, Director for new
    markets development, Ð~PÐ¥Ð~P MedLa Region stressed that the company
    has no intention to comment on the past.

    AXA Group paid a total of â~B¬12.7m to 7,000 Armenians. Earlier it
    paid compensations to the descendants of Jewish Holocaust victims.

    The point is that the leading Azerbaijani insurance company MBASK
    and AXA Group (France) have signed an agreement on the sale of the
    former's control stock (51%) to the latter.

    NEWS.am reminds readers that Azerbaijan is denying the Armenian
    Genocide in Ottoman Turkey eve more vigorously than Turkey itself.




    From: A. Papazian
Working...
X