12.30.2024

BNP Paribas Cardif Signs Share Purchase Agreement for AXA IM

12.30.2024
Deutsche Borse-LSE Merger in Focus

After entering into exclusive negotiations on August 1st, AXA and BNP Paribas Cardif announce the signing of the Share Purchase Agreement for AXA Investment Managers (AXA IM).

This signing follows the completion of the information-consultation procedure on strategic issues with the relevant employee representative bodies of both AXA and BNP Paribas groups.

“This signing marks an important step in the acquisition process of AXA IM and our long-term partnership with AXA. In anticipation of the closing process, all teams are now working to welcome AXA IM’s employees and customers into the BNP Paribas Cardif Group” said Renaud Dumora, Chairman of BNP Paribas Cardif, Deputy COO of BNP Paribas.

As previously communicated, the agreed price for the acquisition and the long-term partnership is €5.1 billion, with the closing expected mid-2025 and an anticipated impact on BNP Paribas Group’s CET1 ratio of 25 bps subject to agreements with the relevant authorities.

Source: BNP Paribas

Celebrating women shaping European finance
European Women in Finance Awards deadline is Aug 23
#WomeninFinance #Finance #WIF
Nominate here: https://www.jotform.com/form/250276204100339

As Cboe Data Vantage scales globally, Adam Inzirillo discusses our APAC expansion, plans to launch dedicated cores in Canada and preparation for 24×5 U.S. equities trading, pending regulatory approval – full story in @marketsmedia: https://bit.ly/4kQx3mC

Load More

Related articles

  1. Evercore will enhance its market position in the UK, the largest M&A advisory market in Europe.

  2. Augusta is a European financial advisory firm in the renewable energy & energy transition sector.

  3. BlackRock, BNY Investments Dreyfus, Federated Hermes, Fidelity and Goldman Sachs AM will take part.

  4. Kinexys by J.P. Morgan & the Northern Trust Carbon Ecosystem aim to increase efficiency & transparency.

  5. The bank will adopt LSEG’s full suite of data & analytics solutions across asset classes.

We're Enhancing Your Experience with Smart Technology

We've updated our Terms & Conditions and Privacy Policy to introduce AI tools that will personalize your content, improve our market analysis, and deliver more relevant insights.These changes take effect on Aug 25, 2025.
Your data remains protected—we're simply using smart technology to serve you better. [Review Full Terms] | [Review Privacy Policy] By continuing to use our services after Aug 25, 2025, you agree to these updates.

Close the CTA