Axa close to purchasing Liberty Ubezpieczenia

French insurer Axa is the only entity left in the running to buy the Polish unit of Liberty, which was put on sale in October. The deal may be finalized within a few weeks, according to two sources quotes by daily Puls Biznesu. The potential value of the transaction is unknown, however, the newspaper says its not going to be spectacular. Liberty Ubezpieczenia recorded a net loss of PLN 60 million in 2014 and will not improve its results significantly this year. Ewa Libera, the spokeswoman of the insurer declined to comment on the issue.