International Companies

BNP Paribas signs deal to buy AXA IM for €5.1bn

By Benjamin Chiou

Date: Monday 23 Dec 2024

(Sharecast News) - French banking giant BNP Paribas has purchased the investment management arm of AXA for €5.1bn, taking over €850bn of assets under management.
After announcing the start of exclusive negotiations between the BNP Paribas Cardif insurance business unit and AXA back in August, the bank on Monday said it...

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