Belgian wealth manager will initially sell majority stake to the Dutch firm
Category: M&A
Amundi to buy Lyxor in €825m deal
More than doubling the French asset manager’s share of the European ETF market
Zedra to buy Banque International à Luxembourg fund services arm
It offers a suite of services and solutions in the corporate and funds sectors
Aéma Groupe buys Aviva France for €3.2bn
Including its 75% shareholding in wealth manager L’Union Financière de France
H2O Asset Management to buy back Natixis stake
French investment bank owns just over 50% of the company
European asset manager M&A activity lags behind UK
Mid-sized firms squeezed as they lack reach of larger peers and lower cost base of boutiques
Talanx Group acquires Italian non-life insurer
Deal will see Italy premiums boosted by about €300m to hit roughly €2bn