M&A Deals
Natixis set to buy French group DNCA
Natixis is in exclusive talks regarding a bid to add French asset manager DNCA Finance to its suite of global investment management affiliates.
Shareholders approve Standard Financial buyout
Shareholders have unanimously approved Tavistock Investments’ acquisition of Standard Financial Group, merging to form one of the biggest advisory networks in the UK.
La Française takes near 50% stake in UK firm
European asset manager La Française is to take a 49.9% stake in Alger Management, a UK subsidiary of American growth manager Fred Alger Management.
Manulife Asia merger to target $19trn
Manulife Asia has merged its wealth and asset management divisions in order to target $19trn worth of untapped cash deposits throughout the region.
Aviva to cut 1500 jobs in Friends Life takeover
Aviva has said its £5.6bn takeover of Friends Life will lead to around 1500 job losses.