Allianz, Amundi stop talks over combining asset management businesses, source says
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Allianz and Amundi have halted discussions on merging their asset management businesses, which would have created a European investment giant managing nearly 2.8 trillion euros in assets.
December 08, 2024 | 6:00 pm
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NEUTRAL IMPACT
Amundi and Allianz have paused their merger talks, which would have created a major asset management entity.
The pause in merger talks between Amundi and Allianz means that the anticipated synergies and market expansion will not materialize in the short term. However, since the talks are only paused, the impact on Amundi's stock price is neutral for now.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80