On August 1, 2024, BNP Paribas and AXA announced that they entered into exclusive negotiations for the acquisition of AXA Investment Management and a long-term partnership in asset management. AXA and ...

The formation of this new platform marks a major milestone in the development and growth journey of the IPS division. It will fully benefit from BNP Paribas' integrated model, in close collaboration ...

AXA CFO Alban de Mailly Nesle discusses AXA's financial reporting, the selling to BNP of AXA IM and the macro picture Got a confidential news tip? We want to hear from you. Sign up for free ...

BNP Paribas SA BNPQY entered into negotiations with AXA to acquire the entire stake in AXA Investment Managers (“AXA IM”), which holds roughly €850 billion in assets under management (AUM). Further, ...

BNP Paribas BNP-1.20%decrease; red down pointing triangle said its BNP Paribas Cardif insurance business and AXA signed a deal for the 5.1 billion-euro ($5.32 billion) purchase of AXA Investment ...

BNP Paribas has agreed to buy AXA's asset manager, AXA Investment Management, for EUR 5.1 billion in cash. We estimate this values AXA IM at 14 times the earnings it booked over the last 12 months.

PARIS/LONDON, Aug 2 (Reuters) - BNP Paribas' (BNPP.PA), opens new tab talks to buy the investment business of insurer AXA (AXAF.PA), opens new tab will trigger more deals, bankers say, as European ...

The BNP Paribas Group has entered into negotiations with French multinational insurance company AXA to acquire 100 per cent of AXA Investment Managers, representing close to €850 billion assets under ...

BNP Paribas expects a higher capital impact and lower return on investment than initially projected for its acquisition of AXA Investment Managers, after the European Central Bank clarified its ...

BNP Paribas has today missed third-quarter profit forecasts, hit by costs tied to integrating AXA Investment Managers and higher provisions for bad loans, including an unnamed issue in its markets ...

After entering into exclusive negotiations on 1 August 2024, AXA and BNP Paribas Cardif signed a Share Purchase Agreement for AXA Investment Managers (AXA IM). The closing is expected in early July ...