BNP in talks to create asset management titan - Investment News

Aug 2, 2024 · 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 …

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BNP In Talks To Create Asset Management Titan - Investment News

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Aug 2, 2024 · 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 …

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BNP Paribas In Talks To Buy AXA Investment Managers For 5.1 Bln …

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Aug 1, 2024 · BNP Paribas is in exclusive talks with French insurer AXA to buy 100% of its AXA Investment Managers arm at an agreed price of 5.1 billion euros ($5.50 billion), the euro …

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BNP Paribas In Exclusive Talks For $5.5 Billion ... - Morningstar

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Aug 1, 2024 · BNP Paribas entered into exclusive talks to buy the investment-management arm of insurer AXA for 5.1 billion euros ($5.52 billion) and reach a long-term partnership in asset …

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BNP In Talks To Buy Axa Asset Managers For $5.5B - ThinkAdvisor

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Aug 1, 2024 · 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 …

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BNP Paribas In Exclusive Talks For $5.52 Billion Deal For AXA's ...

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Aug 1, 2024 · BNP Paribas entered into exclusive talks to buy the investment-management arm of insurer AXA and reach a long-term partnership for 5.1 billion euros ($5.52 billion), in a deal …

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With $5.5 Billion Deal Talks, BNP Paribas Looks To Create Monster …

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Aug 1, 2024 · BNP Paribas is in exclusive talks with insurer AXA to buy its asset-management business for about $5.5 billion, a deal that would more than double the funds it oversees to …

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BNP’s Bonnafe Bets Big On Alternatives With €5 Billion Axa Deal

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Aug 2, 2024 · BNP Paribas SA ’s Jean-Laurent Bonnafe built a reputation as reluctant dealmaker in more than 12 years at the helm. Now he’s willing to bet €5.1 billion ($5.5 billion) that …

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BNP’s €5.1 Billion Axa Deal Is One Monster Of A Bolt-On

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Aug 2, 2024 · BNP’s €5.1 Billion Axa Deal Is One Monster of a Bolt-On The French bank’s expansion in asset management makes strategic sense, but the financials are less than clear. …

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BNP Paribas (BNPQY) In Talks To Form Asset Management JV With …

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Jul 5, 2024 · BNP 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 …

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Axa Chief Says Proposed €5bn BNP Deal Could Enable Deal Spree

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Aug 4, 2024 · Axa’s chief executive said its proposed €5bn deal to offload its asset manager to banking group BNP Paribas would give it significant firepower to “reinforce” its core insurance …

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AXA, BNP Paribas Consider Asset Management JV, Bloomberg …

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Jul 4, 2024 · -- Talks have centered on creating a joint venture between the two asset management units which, combined, would have around 1.4 trillion euros ($1.511 trillion) in …

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In Asset Management, Big Is Beautiful — But It Is Not Enough

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23 minutes ago · All this helps explain why BNP Paribas recently bought Axa IM to create a €1.5tn asset manager. Before entering UniCredit’s sights, Italy’s Banco BPM had launched an offer …

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BNP Paribas In Exclusive Talks For $5.52 Billion Deal For AXA’s ...

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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 …

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FAQs about BNP in talks to create asset management titan - Investment News Coupon?

Is BNP Paribas buying AXA Investment Managers?

BNP Paribas is in exclusive talks with French insurer AXA to buy 100% of its AXA Investment Managers arm at an agreed price of 5.1 billion euros ($5.50 billion). ...

Is BNP acquiring AXA?

At BNP, only 8% of the €576 billion under management at its investment arm were in alternatives or other non-traditional asset as of June. At Axa, that share is more than 25%, with €227 billion in alternatives. A majority of the assets, however, that BNP is acquiring are managed for Axa’s insurance business. ...

Does AXA have a tie-up with BNP Paribas?

AXA has also considered a tie-up with the asset management divisions of other French rivals, Bloomberg reports. -- AXA declined to comment when approached by Dow Jones Newswires while BNP Paribas didn't immediately respond. ...

Will BNP Paribas & AXA merge?

BNP 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, if formed, will become one of the largest firms in Europe in terms of AUM. ...

What happened between BNP & AXA?

After a slow build-up, talks accelerated over the past few weeks, culminating in conversations between BNP and AXA - led by BNP CEO Jean-Laurent Bonnafé and AXA CEO Thomas Buberl - that finalised the deal, said one of the people. ...

Is BNP's €5.1 billion AXA deal a bolt-on?

BNP’s €5.1 Billion Axa Deal Is One Monster of a Bolt-On - Bloomberg Skip to content Bloomberg the Company & Its ProductsThe Company & its ProductsBloomberg Terminal Demo RequestBloomberg Anywhere Remote LoginBloomberg Anywhere LoginBloomberg Customer SupportCustomer Support Bloomberg ...