BNP Paribas to acquire Axa IM, creating a EUR1.5tn manager
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BNP Paribas to acquire Axa IM, creating a EUR1.5tn manager

The deal will include Axa IM’s alternatives funds including ILS.

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Axa and BNP Paribas are in exclusive negotiations over the sale of Axa Investment Managers (Axa IM), and a partnership for BNP to manage Axa IM assets, for a consideration of EUR5.1bn

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