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Home > Finance > Generali, BPCE ink non-binding deal to create asset management champion

Finance

Generali, BPCE ink non-binding deal to create asset management champion

Published by Global Banking and Finance Review

Posted on January 21, 2025

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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)

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