AXA Raises Stake In Nexans To 5.85% Vs 5.12%

04.11.2010
PARIS -(Dow Jones)- French insurance company AXA (CS.FR) said Thursday it raised its stake in French cable maker Nexans (NEX.FR) to 5.85%, or 1.67 million shares, from a previous 5.12%.

PARIS -(Dow Jones)- French insurance company AXA (CS.FR) said Thursday it raised its stake in French cable maker Nexans (NEX.FR) to 5.85%, or 1.67 million shares, from a previous 5.12%.

AXA said in a filing to the local market regulator, it bought the shares on the market between Apr. 19 and Nov. 2, though didn't specify how much it paid for the stake.

-By Inti Landauro, Dow Jones Newswires; +33 1 4017 1740; inti.landauro@dowjones.com

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