Lauren McAughtry - Profile and Journalist Details
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Lauren McAughtry
Verified
Managing Editor, Global Trading
London
Beats
Music, Film, Television, Fintech, Gaming, Technology, Leisure, Futurism, Charity, Third sector, Events, Conferences, Podcasts, Screenwriting, RadioArt, Theatre, Comic Books, Esports, Business
Marketing
Content
By Lauren McAughtry Verified| globaltrading.net@ Announced after the EU close yesterday, the deal would see the BNP Paribas Group acquire 100% of AXA IM (amounting to around €850bn AUM) for an agreed price of €5.1bn, along with a long-term partnership to manage a “large share” of the assets of its parent company, AXA – a multinational insurance company with over €945bn AUM as of 2023. The announcement followed positive results from AXA of €4.2bn for the first half of the year, 7% better than analyst consensus expectations.
By Lauren McAughtry Verified| globaltrading.net@ Six Swiss Exchange declined to comment when contacted, but has issued a technical notice confirming that: “Trading has been halted at 10:00 am CET until further notice due to technical problems with SIX MDDX. Order maintenance is possible. No matching occurs.”Global Trading understands from market sources that as of 10:50 am CET (09.50am BST), Spain was back trading, with Swiss names expected to resume by 11:30 am CET (10.30am BST).
By Lauren McAughtry Verified| globaltrading.net@ Announced after the EU close yesterday, the deal would see the BNP Paribas Group acquire 100% of AXA IM (amounting to around €850bn AUM) for an agreed price of €5.1bn, along with a long-term partnership to manage a “large share” of the assets of its parent company, AXA – a multinational insurance company with over €945bn AUM as of 2023. The announcement followed positive results from AXA of €4.2bn for the first half of the year, 7% better than analyst consensus expectations.
Company Info
Global Trading
Sanitary wares, light fittings & Ceramic
Abu Dhabi, Abu Dhabi, United Arab Emirates
+971 4 824 3334
Founded: 2000