French financial giant BNP Paribas Group has announced that it is in exclusive negotiations with AXA to acquire 100% of AXA Investment Managers (AXA IM), representing close to €850 billion in AUM, together with an agreement for a long-term partnership to manage a large part of the insurance group’s other assets. The €5.1 billion deal, which will skyrocket BNP Paribas…

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