By Anthony Shevlin

AXA SA (CS.FR) said Tuesday that it entered into an agreement with Fairfax Financial Holdings Ltd. (FFH.T) to sell its insurance operations in Ukraine and exit the Ukrainian market.

The French insurance company said Fairfax will acquire both the entire non-life-entity and the entire life-entity operations under the terms of the deal.

No financial details have been disclosed and the transaction is subject to customary closing conditions.

Write to Anthony Shevlin at anthony.shevlin@dowjones.com; @anthony_shevlin

(END) Dow Jones Newswires

October 23, 2018 03:13 ET (07:13 GMT)

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