Allianz Abandons Amundi Asset Management Deal

German insurer Allianz has halted talks with French asset manager Amundi, sparking concerns about a potential €2.8 trillion merger that would create Europe’s largest asset management company. The decision comes amid growing regulatory scrutiny and market competition, leading Allianz to reconsider the deal’s feasibility.

Source: https://www.ft.com/content/93b19cbf-e243-4744-a799-a7197b6b3ec2