Amundi SA is in talks to acquire control of Allianz SE’s asset manager Allianz Global Investors as the company seeks to expand its presence in the European asset management industry amid consolidation efforts. The French firm has held discussions with the German insurance giant for several months, exploring possible structures that could include a full acquisition or a combination with AGI that would leave Allianz with a significant stake.
Source: https://www.bloomberg.com/news/articles/2024-12-04/amundi-said-to-be-interested-in-buying-allianz-global-investors