Generali, BPCE ink non-binding deal to create asset management champion
Published by Global Banking & Finance Review®
Posted on January 21, 2025
1 min readLast updated: January 27, 2026

Published by Global Banking & Finance Review®
Posted on January 21, 2025
1 min readLast updated: January 27, 2026

Generali and BPCE signed a non-binding MoU to merge their asset management operations, aiming to create Europe's largest player by revenue by 2026.
MILAN (Reuters) - Generali and France's BPCE said on Tuesday they had signed a non-binding memorandum of understanding (MoU) to combine their asset management operations aiming to create Europe's largest player by revenues.
The deal is expected to be completed by early 2026, the two companies said in a statement.
(Reporting by Gianluca Semeraro; editing by Valentina Za)
The companies involved are Generali and France's BPCE.
They signed a non-binding memorandum of understanding (MoU).
The deal is expected to be completed by early 2026.
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