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BNP Paribas entered into exclusive talks to buy the investment-management arm of AXA and reach a long-term partnership for $5.5 billion, in a deal that would create a European asset-management giant.
BNP Paribas SA is in exclusive talks with Axa SA to buy the insurer’s asset management unit for €5.1 billion ($5.5 billion), a move that will create one of Europe’s largest money managers.
BNP PARIBAS ENTERS INTO EXCLUSIVE NEGOTIATIONS WITH AXA FOR THE ACQUISITION OF AXA INVESTMENT MANAGERS AND A LONG-TERM PARTNERSHIP IN ASSET MANAGEMENT Press ReleaseParis, 1 August 2024 The BNP ...
Axa Investment Managers has assets worth 859 billion euros, BNP Paribas Asset Management — 562 billion euros. BNP Paribas is a French financial conglomerate. BNP, together with Credit Agricole, ...
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BNP Paribas (BNPQY) in Talks to Form Asset Management JV With Axa - MSNBNP Paribas SA BNPQY and Axa are in talks to merge their asset management businesses to create a joint venture (JV) worth €1.4 trillion ($1.5 trillion) in assets under management (AUM). The JV ...
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BNP Paribas (BNPQY) Intends to Buy AXA Investments Managers - MSNBNP Paribas SA BNPQY entered into negotiations with AXA to acquire the entire stake in AXA Investment Managers (“AXA IM”), which holds roughly €850 billion in assets under management (AUM).
French bank says family offices are shifting assets away from the US thanks to tariffs and other trade tensions.
Legal & General is doubling down on its asset management business as it seeks to expand internationally and sell more private-market products to customers ranging from pension schemes to wealth ...
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