BSX Suspends Trading Of XL Due To Acquisition
The Bermuda Stock Exchange [BSX] announced it has, prior to the market opening today [Sept 12], suspended trading in XL Group Ltd.’s common shares pursuant to the company’s acquisition by AXA, S.A.
The BSX said they waived the normally required 60-day notice period in consideration of the specific circumstances of the acquisition and to mirror action taken by the New York Stock Exchange.
