- 3 min
Crédit Agricole S.A. and Intesa Sanpaolo finalise the unwinding of the CAAM SGR (*) JV and sign an agreement for the sale of Intesa Sanpaolo's interest in AGOS
Intesa Sanpaolo S.p.A. and Crédit Agricole S.A. today took the last step in unwinding CAAM SGR (*), their joint venture in asset management in Italy, in line with the commitment made in connection with the Intesa Sanpaolo merger. This final phase involves the purchase by Intesa Sanpaolo of the activities attributable to the 65 per cent of Nextra Investment Management sold by Banca Intesa to Crédit Agricole S.A. in December 2005...
(*) CAAM SGR changed its corporate name on 15 December 2007 to Eurizon Investimenti SGR