Betaville Intelligence

RARE ALERT: Natixis said to... - Part 3

Friday, 10 July 2020, 4:21 pm

The rumoured transaction involving Natixis is said to be a takeover offer from the company's largest shareholder.

Two weeks ago, Betaville Intelligence reported that Natixis could soon see a corporate transaction that could be seen to be beneficial for the company's stock price.

Just a few days later Natixis announced the finalisation of its deal to combine its fixed-income and insurance-related asset management businesses with those of La Banque Postale to create a powerhouse with EURO 415 billion under management...

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Tags: Natixis

[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].

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