This is with a view to AXA UK acquiring a 100 per cent shareholding in the business.
Simon Chamberlain, chief executive of Thinc Destini, said: “There has been a great deal of speculation about the future of Thinc Destini in recent months. A number of major institutions have followed our progress closely and we are now at a stage in our development when there would be significant benefits to both Thinc Destini and AXA, should a deal be forthcoming as a result of these discussions.”
Chamberlain added: “The Thinc Destini business continues to thrive and we are all very confident about the future prospects for the growth of the business. These are exciting times and an agreement with AXA would allow us to realise our ambitious plans and continue to build Thinc Destini as a dominant force in the UK financial services landscape.”
