AXA enters into an exclusive negotiation to sell AXA Investment Managers to BNP Paribas

Strategic decision to exit Asset Management and enter into a long-term investment management partnership with BNP Paribas Group strategy focused on insurance business: Life & Savings, Property & Casualty and Health AXA retains full authority over product design, asset allocation, and asset-liability management decisions Total consideration* of Euro 5.4 billion,…