Reuters: Mergers News: Rivals eye $1 bln Dexia Asset Management -sources

Reuters: Mergers News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Rivals eye $1 bln Dexia Asset Management -sources May 30th 2012, 15:33 By Simon Meads and Victoria Howley LONDON | Wed May 30, 2012 11:33am EDT LONDON May 30 (Reuters) - Private equity firm Permira is up against U.S. asset managers and an insurance group in the race to buy the $1 billion asset management arm of bailed-out Franco-Belgian bank Dexia, people familiar with the situation said. Affiliated Management Group, Federated Investors and New York Life Insurance are considering binding bids for Dexia Asset Management, three people said. Australia's Macquarie is also sizing up the asset management group, which has centres in Brussels, Luxembourg, Paris and Sydney, the people said.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions