MILAN (Reuters) - Generali and France's BPCE said on Tuesday they had signed a non-binding memorandum of understanding (MoU) to combine their asset management operations aiming to create Europe's
Generali and BPCE Sign MoU to Form Leading Asset Management Entity
MILAN (Reuters) - Generali and France's BPCE said on Tuesday they had signed a non-binding memorandum of understanding (MoU) to combine their asset management operations aiming to create Europe's largest player by revenues.
The deal is expected to be completed by early 2026, the two companies said in a statement.
(Reporting by Gianluca Semeraro; editing by Valentina Za)
