(AOF) –
Axa
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BNP Paribas
Axa and BNP Paribas Cardif signed the agreement to acquire Axa Investment Managers after entering into exclusive negotiations on August 1. The agreed price for the acquisition and implementation of the long-term partnership is 5.1 billion at closing scheduled for mid-2025, subject to agreements with the competent authorities. With the combined contribution of the BNP Paribas group's asset management platforms, the new group thus formed would represent 1,500 billion euros of assets under management.
Ipsos
Ipsos has received approval from the German competition authorities for the acquisition of infas, following the friendly public tender offer process launched in August 2024. The operation should be finalized in early January 2025. Once the transaction completed, Ipsos will now operate in Germany under the name Ipsos infas. “The combined teams – representing around 800 employees and six locations in Germany – will offer an even wider range of innovative research services,” emphasizes the market research specialist.
Our Sea
Mare Nostrum has entered into discussions with the Domino RH group, a major player in human resources management, with a view to a possible capital merger. This merger would thus support and accompany the continuation plan – if it is approved by the Commercial Court – and would allow Mare Nostrum to rely on a solid partner, well established in France and abroad, to continue its activities. The territorial coverage of Domino RH is ensured by a network of 205 agencies formed by organic and external growth.
Tikehau Capital
The alternative asset management specialist, Tikehau Capital, is preparing to cut up to 15% of its workforce in 2025, says La Lettre. According to the latter, “the Parisian teams risk paying a heavy price”. At the end of November, Antoine Flamarion and Mathieu Chabran, co-founders of Tikehau Capital, told the Financial Times that they were considering moving their listing or seeking a secondary listing in New York in order to access more liquid American markets and strengthen their brand image.
Unibail Rodamco Westfield
URW (Unibail Rodamco Westfield) announced the sale of 80% of its stake in the Trinity office tower in La Défense to the Norwegian sovereign wealth fund, Norges Bank Investment Management. The transaction creates a new joint venture under which URW will continue to provide asset and property management services. The implied offer price for the asset is approximately 0.45 billion euros (at 100%), leading to a reduction in net debt of approximately 0.35 billion. The transaction is expected to be finalized during the first quarter of 2025.
VusionGroup
VusionGroup announced the signing of an agreement with Walmart US to extend the deployment of its solutions to all of the brand's 4,600 stores in the United States. “The additional order intake of around 1 billion euros corresponding to this signature will be included in the figures for the coming quarters,” specified the specialist in digitalization solutions for physical commerce.
