Tag: $Axa SA

BNP Paribas in talks to buy Axa’s asset management arm for €5.1bn

French insurer Axa has entered exclusive talks to sell its investment management arm to BNP Paribas for €5.1bn in a deal that would create one of the largest industry players in Europe.

BNP Paribas, Axa Said to Mull €1.4 Trillion Asset Manager JV

Axa SA is studying options for its investment manager and has been contemplating a combination with BNP Paribas SA’s asset manager, a joint venture that would have total assets under management of about €1.4 trillion ($1.5 trillion).