BNP and AXA Investment Managers Sign $3.5B Acquisition Deal

Together with AXA, BNP Paribas’ Cardif insurance business signed a $5.4 billion deal for the purchase of AXA Investment Managers, according to Bloomberg.

The report says this deal is aimed at strengthening BNP’s management of long-term saving assets as AXA exits the asset-management business.

Read more about the acquisition on Bloomberg.

BNP and AXA Investment Managers Sign $3.5B Acquisition Deal

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