US EditionCrédit Agricole Enters Into Negotiations to Buy the Milleis Group
Summary by latribune.fr
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In a sector of asset management in the midst of recomposition, this external growth operation marks the return of LCL, a subsidiary of Crédit Agricole, to this highly contested market.
At the hands of the AnaCap fund since 2017, Milleis has been taken over by LCL and Crédit Agricole Assurances. The former Barclays network in France brings 150 million revenue and nearly 13 billion euros in outstanding from an easy customer base.
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