AXA and BNP Paribas: agreement in principle for the acquisition of Banque Directe

AXA and BNP Paribas have concluded an agreement in principle with regards to the acquisition by AXA Banque of 100% of the capital of Banque Directe, subsidiary of the BNP Paribas Group. This agreement in principle is pending the opinion of employees representatives and the approval of the banking regulators.