Amundi and Societe Generale announce the closing of the acquisition of Lyxor by Amundi from Societe Generale. All the necessary regulatory and competition authorisations have been obtained. This transaction for a total cash consideration of € 825m has been completed two months ahead of schedule.
Founded in 1998, Lyxor is one of the key players in the ETF market in Europe and has developed a recognized expertise in active management in particular through its leading liquid alternative platform.
About Amundi Amundi
The leading European asset manager, ranking among the top 10 global players, offers its 100 million clients – retail, institutional and corporate – a complete range of savings and investment solutions in active and passive management, in traditional or real assets. With its six international investment hubs, financial and extra-financial research capabilities and long-standing commitment to responsible investment, Amundi is a key player in the asset management landscape. Amundi clients benefit from the expertise and advice of 4,800 employees in more than 35 countries. A subsidiary of the Crédit Agricole group and listed on the stock exchange, Amundi currently manages more than €1.8 trillion of assets.