AMWatch

DWS Group and Generali SpA compete for NN Group asset management arm

Several companies submitted bids for the acquisition of NN Investment Partners.

A view through the roof of Deutsche Bank's headquarters. | Photo: Deutsche Bank

DWS Group and Assicurazioni Generali SpA are among suitors that submitted initial bids this week for the asset management arm of NN Group NV, people familiar with the matter said.

The unit, known as NN Investment Partners, has separately attracted early interest from UBS Group AG and Allianz SE, the people said. Several other international asset managers, including some US firms, are also pursuing a deal, according to the people, who asked not to be identified because the information is private.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Pension funds eye honeypot in financing renewables

With a new type of project financing, PKA, PenSam and Storebrand's joint investment platform, AIP, will try to find an attractive gap in the force field of tightening competition among lenders and the decreasing availability of subsidies for renewable energy projects.

Further reading

Related articles

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch