Wealth and Asset Management
BNP Paribas enters deal to acquire AXAInvestment Managers
BNP Paribas Cardif, part of French banking group BNP Paribas, has entered a share purchase agreement to acquire AXA’s asset management unit, AXA Investment Managers (AXA IM), in a deal worth €5.1bn ($6.40bn). This follows consultations with employee representatives from both AXA and BNP Paribas groups. AXA IM has close…
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