Crédit Agricole SA Enters Exclusive Partnership with AnaCap for Joint Acquisition of Milleis Group

Reuters

07-24

Crédit Agricole SA Enters Exclusive Partnership with AnaCap for Joint Acquisition of Milleis Group

LCL and Crédit Agricole Assurances have entered into exclusive negotiations with AnaCap for the joint acquisition of Milleis Group, a prominent independent entity in private banking and wealth management in France. Through this collaboration, LCL aims to acquire the entire Milleis Group, including Milleis Banque and its subsidiaries, with an immediate plan to transfer the life insurance arm, Milleis Vie, to Crédit Agricole Assurances. This strategic move is expected to bolster LCL's standing in the French wealth management sector and enhance Crédit Agricole Assurances' capabilities in the high net worth segment. The transaction is anticipated to be completed in the first half of 2026, pending regulatory approvals and consultations with employee representatives.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Crédit Agricole SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001119606-en) on July 24, 2025, and is solely responsible for the information contained therein.

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Through this collaboration, LCL aims to acquire the entire Milleis Group, including Milleis Banque and its subsidiaries, with an immediate plan to transfer the life insurance arm, Milleis Vie, to Crédit Agricole Assurances. This strategic move is expected to bolster LCL's standing in the French wealth management sector and enhance Crédit Agricole Assurances' capabilities in the high net worth segment. The transaction is anticipated to be completed in the first half of 2026, pending regulatory approvals and consultations with employee representatives.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Crédit Agricole SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001119606-en) on July 24, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2210150020.SGD","symbol_name":"Natixis Thematics Subscription Economy R/A SGD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250724:nNDL4tgTLg:1","article_id":"2553267781","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2553267781","pubTimestamp":1753372172,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"LCL and Crédit Agricole Assurances have entered into exclusive negotiations with AnaCap for the joint acquisition of Milleis Group, a prominent independent entity in private banking and wealth management in France. 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