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BNP Paribas Cardif Signs Share Purchase Agreement for AXA IM
- AXA and BNP Paribas Cardif have signed a Share Purchase Agreement for AXA Investment Managers (AXA IM).
- The signing follows the completion of the information-consultation procedure with employee representative bodies.
- The agreed price for the acquisition and partnership is €5.1 billion.
- The closing is expected in mid-2025 with an anticipated impact on BNP Paribas Group's CET1 ratio of 25 bps.
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