Natixis in Talks With Generali on Potential Asset Management Merger, FT Says, Citing Sources

Dow Jones
26 Nov 2024
 

--Natixis Investment Managers is in early-stage talks with Italian insurer Assicurazioni Generali about a potential tie-up, The Financial Times reports, citing several people familiar with the matter.

--Terms haven't been agreed and it is uncertain whether the talks will lead to a deal between the French asset management company and Generali, according to FT.

--Groupe BPCE, the majority owner of Natixis, declined to comment to the Financial Times. Generali declined to a request for comment by Dow Jones Newswires.

 

Full story: https://bit.ly/4iiUxkr

 

Write to Andrea Figueras at andrea.figueras@wsj.com

 

(END) Dow Jones Newswires

November 25, 2024 11:03 ET (16:03 GMT)

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