BNP Paribas Cardif buys AXA Investment Managers for €5.1 billion, set to close mid-2025.
BNP Paribas Cardif has signed a deal to acquire AXA Investment Managers for €5.1 billion, with the transaction expected to close mid-2025, subject to regulatory approvals. This acquisition aims to integrate AXA IM's team and clients into the BNP Paribas Group, impacting its CET1 ratio by 25 basis points. The agreement follows exclusive negotiations that began in August.
3 months ago
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