BNP Paribas to pay €5.1 billion for AXA Investment Managers in trillion-dollar asset management JV
The TRADE
AUGUST 2, 2024
The deal is set to include an agreement for BNP Paribas’ long term management of a large part of AXA’s assets. It is expected to be signed at the end of 2024 and close in mid-2025, pending relevant regulatory approvals. The merger will create a mega-manager and leading player in the European sphere with roughly €1.5
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