SocGen, Amundi in talks over Lyxor deal
April 8, 2021- Share:
French investment bank Société Générale has entered exclusive negotiations to sell most of Lyxor to Amundi for €825 million, Reuters reported. The deal is understood to include the asset manager's exchange-traded funds, as well as other active and alternative management activities for institutional clients worldwide. The Lyxor sale would complete SocGen's corporate restructuring program, which began in 2018, according to the report.
- Share:
-
-
-
-