Natixis communication
Further to exchanges with regulatory authorities relating to the proposed sale by Natixis IM of its stake in H2O AM, Natixis IM and H2O AM are working towards amending the proposed transaction with a view to completing the unwinding of their partnership while ensuring an orderly transition in the interest of H2O AM investors. The market will be kept informed of the new timetable.
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About Groupe BPCE
Groupe BPCE is the second-largest banking group in France. Through its 100,000 staff, the group serves 35 million customers – individuals, professionals, companies, investors and local government bodies – around the world. It operates in the retail banking and insurance fields in France via its two major networks, Banque Populaire and Caisse d’Epargne, along with Banque Palatine and Oney. It also pursues its activities worldwide with the asset & wealth management services provided by Natixis Investment Managers and the wholesale banking expertise of Natixis Corporate & Investment Banking. The Group's financial strength is recognized by four credit rating agencies with the following senior preferred LT ratings: Moody's (A1, stable outlook), Standard & Poor's (A, stable outlook), Fitch (AA-, negative outlook) and R&I (A+, stable outlook).
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