Reported 18 days ago
Allianz and Amundi have suspended discussions aimed at merging their asset management operations into a European investment entity managing nearly €2.8 trillion in assets. The talks have stalled over disagreements on the structure and control of the potential combined entity. Amundi confirmed it is not currently in negotiations with Allianz, which is considering its options for its Allianz Global Investors unit.
Source: YAHOO