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Stock impact report

AXA Equitable Holdings, Inc. Announces Transfer of AXA Equitable Life Insurance Company’s Interests in AllianceBernstein to a Newly-Created Wholly-Owned Subsidiary

Equitable Holdings, Inc. (EQH) 
Last equitable holdings, inc. earnings: 2/26 04:15 pm Check Earnings Report
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)-- AXA Equitable Holdings, Inc. (NYSE:EQH) announced today that EQH and certain of its subsidiaries have executed a series of transactions that transferred all of the interests in AllianceBernstein (NYSE:AB) held directly or indirectly by EQH’s subsidiary AXA Equitable Life Insurance Company (including units of the limited partnership interest in AllianceBernstein L.P., units representing assignments of beneficial ownership of limited partnership interests in AllianceBernstein Holding L.P. and shares of AllianceBernstein Corporation) to a newly-created wholly-owned subsidiary of EQH. These transactions were undertaken in order to simplify the EQH corporate structure and streamline EQH’s cash flow and capital management. ABOUT AXA EQUITABLE HOLDINGS AXA Equitable Holdings, Inc. (NYSE:EQH) is one of the leading financial services companies in the U.S. and is comprised of tw Show less Read more
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