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New Deal


Announced

Completed

Amundi completed the acquisition of Lyxor Asset Management from Societe Generale for €825m.

Financials

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Transaction Value£710m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Asset Managers and Custodians

Private Equity

Acquisition

Private

France

Friendly

Majority

wealth management

Single Bidder

Domestic

Completed

Synopsis

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Amundi, a French asset management company, completed the acquisition of Lyxor Asset Management, a European asset management specialist, from Societe Generale, a French multinational investment bank, for €825m ($980m). This agreement is in line with Societe Generale's strategy with regards to savings, which is to operate in open architecture and to propose to its clients investment and asset management solutions through partnerships with external asset managers.

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