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

Dow Jones

Nov 26, 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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Generali declined to a request for comment by Dow Jones Newswires. \n\n\n \n\n\n  Full story: https://bit.ly/4iiUxkr \n\n\n \n\n\n  Write to Andrea Figueras at andrea.figueras@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 25, 2024 11:03 ET (16:03 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}