AXA has said that it is confident that its latest bid for AMP, the Australian financial services group is going to be successful. It has declared that it would be paying €1.5 billion ($2bn) for taking over of the Asia-pacific business of the French insurer.

If at all the deal happens then the targets year is 2015. This is the fourth attempt that AMP is doing for acquiring AXA Asia-Pacific. It already commands 54 per cent stake in the company and wants to be the owner of it now.

Said Denis Duverne, AXA’s deputy chief executive, that the obstacles have made the process rather long and painful. But whatever the case, AXA is optimistic about the issue.

He was speaking during a presentation that was done for the investors where it described about its bid. He further added that importance of the bid and its plans increase because through the takeover it wants to own assets in the fastest growing Asian fields.

AMP will continue to operate in its Australian and New Zealand operations.

The bid has been looked as an aggressive mode of approaching the business.